Clarity in financial reporting


Clarity in financial reporting

New ‘general purpose financial statement’ requirements and their impact – Australian Tax Office (ATO) releases guidance on how it interprets the law

With many companies being subject to the new GPFS requirements for the first time in 2017, it is important that affected entities consider how they will meet their responsibilities and prepare for lodgment of GPFS in light of the ATO’s guidance.

Clarity in financial reporting






Published: October 2017

Australia Alert
  • Contact us
  • Submit RFP
  • Our solutions

    Progress your business growth and development

    Take a look at the products and services we offer.

    Tax services

    As a global tax leader today, your reality is a fast-changing landscape, from which new ideas, demands, and operating models emerge. Leading through this change and complexity is your priority. And supporting you with this is ours.

    Business tax

    Deloitte delivers deep knowledge of tax and statutory requirements as well as a breadth of experience applying them in practice worldwide. Practical tax advice combined with our consistent tax compliance framework instils confidence that a consistent approach is followed across jurisdictions.

    Financial accounting for income taxes

    Deloitte tax professionals understand the complexities and can provide practical insight, standardization, and technical expertise to help clients navigate through the maze of statutory requirements.

  • Our latest reports and thought leadership
Did you find this useful?