Analysis
14 Dec 2020
5 minute read
Model half-year financial statements
Half-years ending on or after 31 December 2020
These model half-year financial statements contain complete illustrative disclosures for entities preparing half-year financial reports in accordance with Australian financial reporting requirements.
We’ve developed these model financial statements to assist users with the preparation of half-year reports for a consolidated entity in accordance with:
- The Corporations Act 2001
- AASB 134 Interim Financial Reporting
- Other requirements and guidelines current as at the date of issue, including the ASX Listing Rules, ASIC Corporations Instruments/Class Orders, Regulatory Guides and Media Releases.
We also summarise what’s new in financial reporting for half-year financial reports and the extended reporting deadlines for half-years ending 31 December 2020.
Alison White
Partner, A&A Accounting & Corporate Reporting
Moana Overton
Partner, A&A Accounting & Corporate Reporting
