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Australia establishes a financial reporting panel

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26 May 2006

The Australian Government has appointed the members of a new Financial Reporting Panel (FRP).

The FRP was established under the Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 to resolve disputes between the Australian Securities and Investment Commission and a company in relation to the application of accounting standards in its annual financial reports. Click for (PDF 109k).

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