Corporate Law Reform - Accounting and Audit Implications

The recently proposed Corporate Law Reform Bill aims to reduce regulatory burden for all companies through significant amendments to the Corporations Act in a variety of areas effective from 30 June 2010. The biggest regulatory burden relief is for companies limited by guarantee in both the requirements to prepare, lodge and have accounts audited.

Join experts from the Institute for this essential overview.

Kerry Hicks, Head of Reporting and Andrew Stringer, Head of Audit will discuss:

• The three tiered structure of burden relief proposed for companies limited by guarantee


• The implications for reporting requirements and audit requirements


• Reforms for all companies, including a change to the dividends test and the removal of the need for parent entity accounts


• Other proposals under the reform.