Underlying profit discussion paper

New draft principles on profit reporting have been opened up for debate by the Financial Services Institute of Australasia (Finsia) and the Australian Institute of Company Directors (AICD). The aim of this discussion paper is to encourage listed companies to adopt a transparent and consistent approach when communicating profit results in a non-statutory manner (often described as underlying profit or underlying earnings).

Anyone with an interest in company communications around profit reporting is encouraged to provide feedback to Helen Eyles, Policy Advisor, at:     
policy@companydirectors.com.au  by Friday 31 October 2008.   

 

Underlying profit: a discussion paper on the reporting of non-statutory financial information 
Underlying profit: media release