XYZ Model Financial Accounts - Simplified Disclosure 2024

XYZ Model Financial Accounts – Simplified Disclosures (formerly Reduced Disclosure Requirements) The XYZ Model Financial Accounts – Simplified Disclosures keeps users up to date with the latest disclosure requirements and other critical information for preparing financial statements under simplified disclosures. This publication provides a range of information and tools, including: discussion on simplified disclosures and recent developments affecting Tier 2 entities; flowcharts to determine how simplified disclosures are applied; SD-specific model financial accounts incorporating updated presentation and disclosures for the annual reporting period ending 30 June; disclosure checklists of all SD and other financial reporting requirements typically applicable to Tier 2 entities; discussion on financial reporting requirements to assist financial statement preparers moving into Tier 1 or Tier 2; and model financial accounts for a range of entities, including unlisted public companies, private companies and incorporated associations, prepared using SD.