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Accountants Enterprise in Australia only

Changes in statutory and legislative requirements may arise throughout the year. Although these sample accounts are correct at the time of printing, it is important to review and add to or alter accounts to meet any change in requirements.

This section provides an overview of the financial reports included in the MYOB Masters for defined contributions superannuation funds, both reporting and non-reporting. It is recommended that you review Producing financial reports for general information that applies to producing financial reports for all entity types.

Financial reports must be thoroughly checked after printing to ensure that correct and full disclosure has been made and that the wording in all reports is appropriate for the client's circumstances.

Where financial reports are to be prepared for the trustee of a superannuation fund, see Trustees’ declaration.

A set of financial reports #Superannuation has been provided for both reporting and non-reporting superannuation funds.

Included in this report are:

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Operating statement

Statement of financial position

Trustees’ declaration

Member information statement

Annual fund information statement

Detailed rental statements—superannuation fund

Net rental property income note

Secretarial report—superannuation fund

Notes to the financial statements entities

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—2010 AASB IFRS Presentation changes

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