XYZ Model Financial Accounts 2008 Ver. Author(s): Kevin Neville, Ivan Shapiro, Robin Pennell, Grant Sincock
Publisher: CPD
Country: Australia
Description

XYZ Model Financial Accounts is the first choice financial reporting solution used by thousands of accounting professionals for over 20 years.
Testament to its greater depth of coverage, MYOB now reproduces the Thomson's XYZ Model Financial Accounts format in its general ledger products, recognising the XYZ format as the industry standard in the accounting profession. XYZ Model Financial Accounts provides extensive commentary that assesses the rules, standards and changes in financial reporting.
Features
- Illustrative examples of all major entity types including listed public companies and non-reporting entities
- New models and commentary for non-profit organisations with specific disclosures for companies limited by guarantee
- Revised and refreshed content to reflect new terminology, updated references to standards, including completely new audit reports
- New and revised ASIC Class Orders and ASX listing rules
- Online helpdesk providing access to specialist authors Moore Stevens, helping you solve your preparation queries quickly
Benefits
Provides step-by-step practical assistance on meeting a wide range of reporting obligations under AIFRS
Ensures that your reports reflect the current standards
Save time on research: gain instant access to all key information from a single detailed reference
Enjoy the confidence of knowing you are working with accurate, up-to-date information
Offers tailored, specialist assistance to help you solve your financial accounts preparation queries quickly
Access key templates, news and articles on Australian financial reporting requirements
Work through an easy to follow framework for reporting under AIFRS, so you cover all areas of responsibility
2008 XYZ Model Financial Accounts Generator — the essential companion to XYZ Model Financial Accounts
Take the hard work out of producing financial reports with this indispensable toolkit. Simply choose from a range of templates that cover the major entities; key in your data, then watch it automatically flow through to the relevant statements and supporting notes.
Features
Key templates that cover the major reporting and non-reporting entities
Flexible trial balance input data option: input all account information onto one sheet
Rollover function: no need to re-key prior year comparatives; these are automatically populated from previous Generator files
Hide notes not relevant to your entity*
Help function: pop-up commentary and comprehensive user guide show you what data is required and where
Alert function: discrepancies are highlighted in red, and are explained in dialogue boxes and warning messages
Core content: template presentation based on XYZ Model Financial Accounts, to help you keep on top of the latest presentation and disclosure changes
* Extensive account customisation is not recommended as it may disrupt inbuilt macros.
Benefits
- Trusted information: import data directly into one input sheet
- Ease of use: Excel®-based, with dialogue boxes and warning messages to step you through the entire process
- Save time: with single entry of trial balance data and automatic rollover of prior year comparatives
- Reduce the risk of error: minimise manual adjustments needed within the financial statements
- Flexibility: input account names specific to your entity, which are then automatically included in the relevant notes and in the totals
- High quality: generate presentation-ready reports
- Automatically number pages and create headings
- Ensure your report format complies with current reporting requirements
Published each June
