Quarterly unaudited financial results: revised disclosure requirements now mandate audit qualifications and segment reporting for applicable periods. Amendments to Clause 41 allow certain companies using functional expenditure classification to present quarterly unaudited results in an alternative format and require disclosure of any audit qualifications alongside audited results with an explanatory statement on how prior year qualifications have been addressed. Clarifications require segment information under the Segment Reporting standard for quarters on or after the specified quarter, with staged requirements for cumulative year to date segment data depending on the company's accounting year commencement. Exchanges must incorporate and enforce these disclosure requirements.
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Quarterly unaudited financial results: revised disclosure requirements now mandate audit qualifications and segment reporting for applicable periods.
Amendments to Clause 41 allow certain companies using functional expenditure classification to present quarterly unaudited results in an alternative format and require disclosure of any audit qualifications alongside audited results with an explanatory statement on how prior year qualifications have been addressed. Clarifications require segment information under the Segment Reporting standard for quarters on or after the specified quarter, with staged requirements for cumulative year to date segment data depending on the company's accounting year commencement. Exchanges must incorporate and enforce these disclosure requirements.
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