Financial reporting disclosures in the Australian corporate Sector

Based on this Boards decision, the CFO asks you to draft a business research report
addressed to the Board of Directors on the following:
a. the requirements according to the respective accounting standard related to disclosures of
sources of estimation uncertainty and judgements in applying accounting policies
(10 marks)
b. the current accounting practice of your company regarding these disclosures (15 marks)
c. any potential gap between your companys current practice and the accounting standard
requirements (10 marks)
d. recommended actions to satisfy the potential ASIC reviewers (5 marks)
*You need to choose a suitable company from: sp-asx-
200. Please make sure that you choose one with sufficient disclosures around accounting
estimates and policies.