MEDIA INFORMATION RELEASE
“NEW SERVICE KEEPS ACCOUNTANTS ON THE BALL
A new, highly specialised electronic information service can bring the latest changes and developments in financial reporting directly to the desktop of every accountant, virtually as they happen.
Generally Accepted Accounting Principles (GAAP) are changing more and more frequently and accountants in commerce and industry as well as public practice, armed with the knowledge of changes and their implications, could gain a decided commercial advantage.
Accountants in government and academics will also benefit from the service, which will eliminate time-wasting in research and put them firmly in control of financial reporting issues as they happen.
The e-mail service, called e-GAAP Update, is being provided by gaap.com.au, using acknowledged experts in financial reporting.
The e-mail service also has considerable advantage for reproduction, as well as extracting and editing for an accountant's own purposes (particularly internal reporting), storing and database filing.
Information provided by e-GAAP Update includes: review and analysis of key points and implications from new and revised accounting standards, Interpretations, and other GAAP pronouncements (including Framework); Corporations Law financial reporting issues including ASIC and APRA updates; Financial reporting precedents provided for your own use; special articles and contributions by other financial reporting experts; value added financial reporting information coupled with market intelligence”.