📖 The Scoop
This booklet highlights the lessons to be learned from the Federal Court decision in the Centro case so that in future company directors can avoid potential pitfalls when called on to approve company financial statements. The decision, handed down at the end of June 2011, reinforces the strong imperative for company directors to be financial literate to ensure that they can properly read and understand the company's financial statements and to apply the knowledge they had or should have acquired to perform that task. The lessons from Centro, couched in terms accessible to company directors and non-accountants, are explained in this key booklet. The booklet complements the book FINANCIAL LITERACY FOR LAWYERS, DIRECTORS AND INVESTORS published last year by Thomson Reuters and written by the same authors, Andrew McRobert and Ronnie Hoffman.
Genre: Business & Economics / Taxation / General (fancy, right?)
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