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Joint accounting bodies take aim at ‘complex, inconsistent’ reporting red tape

Unnecessary complexity and inconsistency in Australia’s financial reporting and audit regulations is stifling businesses nationwide, the joint accounting bodies have now told the government.

Joint accounting bodies take aim at ‘complex, inconsistent’ reporting red tape
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Joint accounting bodies take aim at ‘complex, inconsistent’ reporting red tape

Chartered Accountants Australia and New Zealand, CPA Australia and the Institute of Public Accountants have now written to the Prime Minister’s office, calling for a new, co-ordinated plan to reform and standardise reporting and audit requirements in the private sector. 

Read more at the Accountants Daily.

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