Part B – Report
1. Write a ONE-PAGE REPORT to the Director of a propriety company, which
has consolidated revenue of more than $25 million and consolidated gross
assets of more than $12.5 million, about the statutory requirements for
reports. In your report, you need to identify:
a. the components of the annual financial report including the relevant
sections of the Corporations Act;
b. audit and review requirements including the relevant sections of the
Corporations Act;
c. Timeframe for annual reporting with reference to the relevant ASX Listing
Rules and Corporations Act.
REPORT format of the answer 3 marks
ONE-PAGE report 2 marks
The components of the annual financial report 5 marks
Audit and review requirements 5 marks
Timeframe for annual reporting 5 marks