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Company Accounting in Australia
The content of company accounting is expanding rapidly with the continued issuance of professional accounting standards and amendments to Australian company law. Ensuring compliance with changing regulations is an ever-present concern, and procedures in current use are subject to constant reappraisal. It pays particular attention to the practical application of Australian Professional accounting standards and the accounting requirements of the Companies Code and AASE regulations. Where necessary, the relevant paragraphs and sections of the standards and the Code are quoted. In certain areas, alternative accounting treatments are presented; for example, the chapter on company formation and capital reorganisation presents both the Australasian method and the overseas method.
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