QLDIn ForceRegulation
Local Government Regulation 2012
sec.177General purpose financial statement
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### sec.177 General purpose financial statement
A local government’s general purpose financial statement must be prepared in compliance with the following documents (each a prescribed accounting standard ) published by the Australian Accounting Standards Board—
Australian Accounting Standards;
Statements of Accounting Concepts;
Interpretations;
Framework for the Preparation and Presentation of Financial Statements.
The prescribed accounting standards are available on the Australian Accounting Standards Board’s website.
- (a) Australian Accounting Standards;
- (b) Statements of Accounting Concepts;
- (c) Interpretations;
- (d) Framework for the Preparation and Presentation of Financial Statements.