Other documents you need to include with your MFR

In preparing your MFR Report, your accountant is required to review your signed financial statements.  A copy of the signed financial statements must be provided with the MFR Report (PDF).

Definition of signed financial statements

Signed financial statements means financial statements prepared under the prescribed accounting standards, including all of the following:

  1. financial statements prepared under the prescribed accounting standards, including:

    • a profit and loss statement; and
    • a balance sheet; and
    • an aged debtors and creditors report that includes the date each invoice is due to be paid or received; and
    • a statement of cashflows;
  2. notes to the financial statements mentioned in point 1 required under the prescribed accounting standards;
  3. a declaration signed by the licensee, or an executive officer of the licensee, verifying the information contained in the documents mentioned in point 1 and 2 above;
  4. a description of:
    • the measurement, within the meaning of the prescribed accounting standards, on which the financial statements mentioned in point 1 are based; and
    • the accounting policies or reports relevant to the financial statements;
  5. for a category 4, 5, 6 or 7 licensee—details of each debtor for the licensee, categorised according to whether the amounts owing became due and payable in the following periods:
    • less than 90 days before the day the statements are made;
    • 90 to 179 days before the day the statements are made;
    • 180 to 365 days before the day the statements are made;
    •  more than 365 days before the day the statements are made.