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The end of ’special purpose’ financial statements is coming

The end of ’special purpose’ financial statements is coming

The potential end of so-called "special purpose" financial statements has caused an uproar in accounting circles.

  • Shared by Australian Financial Review
  • July 11, 2018
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At the moment, all companies are required to maintain financial records, and prepare financial reports that should comply with accounting standards.

Read the full article at the Australian Financial Review.

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