ASIC, APRA issues more FAR guidance
APRA and ASIC have released more information about the Financial Accountability Regime (FAR) in preparation for the March 15 launch date.
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APRA and ASIC have released more information about the Financial Accountability Regime (FAR) in preparation for the March 15 launch date.
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The aim is to ease the process of determining the opening balance sheet, ensuring a fair and transparent approach
The decision applies to certain assets and liabilities, such as immovable property, intangible assets, financial assets, and financial liabilities, held by businesses before the Corporate Tax Law comes into effect.
Ministry of Finance issues a decision that applies to certain assets and liabilities held by businesses before the law's implementation