In order to comply with the legislative provisions of the Corporations Act 2001 and other sources of authority and guidance,company financial statements comprise which of the following reports?
A)directors' report
B)financial report
C)auditor's report
D)all of the above

Question

Quizplus · Accepted Answer

The company financial statements must include all three reports: directors' report, financial report, and auditor's report to be compliant with the legislative provisions of the Corporations Act 2001 and other sources of authority and guidance. The directors' report provides an overview of the company's financial performance, operations, and future prospects. The financial report includes the balance sheet, income statement, statement of changes in equity, and cash flow statement. The auditor's report provides an opinion on the financial statements' accuracy and whether they comply with relevant accounting standards.

In Order to Comply with the Legislative Provisions of the Corporations