Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

KPMG Annual Reporting Model

KPMG has posted an updated version of its differential reporting Model Annual Report 2003 on the Web, as a toolkit for businesses producing their annual reports.

www.kpmgmodels.co.nz is one of the most popular guides of its kind and is a free-to-access model annual report in html format. The tool has been widely used by both small- and medium -sized entities companies and organisations wanting to apply differential reporting, as well as larger entities which prepare full GAAP accounts.

The site uses fictional companies – ClearCut Limited a company which qualifies for differential reporting) and Diverse Group Limited (listed on the New Zealand Stock Exchange) which provide real life models for businesses to follow when preparing their own annual reports.

Features of the updated ClearCut and Diverse sites include:

Commentary on where financial reporting is heading An overview of the changes to financial reporting standards in 2003 First time adoption of new standards A set of model financial statements, notes to those statements and reference to the corresponding financial reporting standards Examples of Chairman and CEO reports, governance statements and other regulatory disclosures required in an annual report A guide to analysts’ expectations in annual reporting The eight things that make a good annual report A timeline showing what is involved in producing an annual report A guide to triple bottom line reporting Links to other business and accounting sites around the world An option of joining KPMG’s financial reporting mailing list.

www.kpmgmodels.co.nz was initially launched in 2000. KPMG undertakes a major revamp of the site every year and in between continuously updates the site with the latest financial material.

Over the past year www.kpmgmodels.co.nz has received about 700,000 hits from over 40 countries around the world.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO: