S.294.of the Corporations Act requires a Directors' Declaration. Which of these is not an inclusion in that declaration?
A) that the financial statements and notes comply with accounting standards.
B) that the financial statements and notes are correct and accurate.
C) that the financial statements and notes comply with the Corporations Act.
D) all are included in the declaration.

Question

Quizplus · Accepted Answer

The Directors' Declaration does not require a statement that the financial statements and notes are "correct and accurate," but rather that they comply with accounting standards and the Corporations Act.

S294Of the Corporations Act Requires a Directors' Declaration