What’s new for 30 June 2022 reporting | Webinar Part 1 | KPMG Australia

Part 1 focuses on regulatory changes and includes our practical insights on the impact of BEPS 2.0 and uncertainty on financial reports.

▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
00:00 - Intro
04:11 - Regulatory updates affecting financial statement for 30 June 2022
04:27 - ASIC financial statement surveillance
06:17 - What to consider for impairment and expected credit losses?
08:38 - Disclosure in the operating and financial review
10:48 - ASIC focus area
12:57 - Bed licenses
14:35 - What to watch out for at 30 June 2022?
16:32 - The new Australian private sector reporting framework
19:15 - Large proprietary company example
27:14 - Transition from SPFS to GPFS
28:47 - BEPS 2.0
32:11 - BEPS 2.0 pillar 1
33:28 - BEPS 2.0 pillar 2
40:44 - What should you do to prepare yourself for 30 June 2022?
42:54 - Impact of uncertainty on financial reports

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