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Accountants Enterprise in Australia only

All entities must include either an Audit Report or Compilation Report with their financial reports. When an Audit Report is required to be displayed, set DB.#EntityDetails.ClientDetails.Audited = “Yes“.

Alternatively, when a Compilation Report is required to be displayed, set DB.#EntityDetails.ClientDetails.Audited = “No“.

By default, all Superannuation Funds will print with an Audit Report, however, the Audit Report can be suppressed for superannuation reports so a Compilation Report is prepared. To do this set
DB.OtherReports.AuditReport.SupressAuditReport = ”Yes”.

A compilation report can be included in addition to an audit report if required under APES 315. To do so set DB.#EntityDetails.ClientDetails.Audited = “Yes“ and DB.OtherReports.CompilationReport.ForceCompilationReport = ”Yes”. This is not necessary if an audit report is not being produced.

Standard text in this report will automatically vary for small/large and reporting/non-reporting entities. Wording in these reports will change for single/multiple directors and single/multiple partners. A director or partner must sign this report. See Directors and partners.

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Producing financial reports

Directors and partners

Page layouts

Changing default columns on reports

Cover page and contents page

Building blocks of a report

Directors’ report

Auditor’s independence declaration

Income statement

Statement of comprehensive income

Balance sheet

Statement of financial position

Statement of changes in equity

Statement of cash flows

Statement of significant accounting policies

Notes to the financial statements

First time adoption of AIFRS

Directors' declaration

Audit report or compilation report

Other reports 

Large proprietary companies

Small proprietary companies

Incorporated associations

Trusts or unit trusts

Partnerships and sole traders

Management reports

Superannuation funds