This publication presents illustrative general purpose annual financial statements (GPFS) for a fictitious managed investment scheme, VALUE ACCOUNTS Unit Trust, and a fictitious pooled superannuation trust, VALUE ACCOUNTS Pooled Superannuation Trust. The financial statements comply with the Corporations Act 2001 and other authoritative pronouncements on issue at 15 January 2016 that will be operative for...

Accounting separation provides separate accounts for wholesale and retail operations. The accounting separation regime has evolved into its current form over a number of years. Its legislative basis is section 151BU of the Trade Practices Act 1974 which enables the ACCC to make record keeping rules that require Telstra (and other telecommunications carriers) to provide...