The

ASX Listing Rules are only applicable to entities listed on the ASX.

The

same types of financial statements are prepared by large and small businesses, though

they may look more or less complex due to the volume of data being reported.

Accounting

goes beyond presenting the result of a company’s operations in numeric terms to

include information about environmental and social impacts.

Management

accounting reports are always produced at regular time intervals.

Accounting

is only relevant to profit-oriented organisations.

Financial

statements for public companies such as Qantas Ltd are prepared as frequently

as demanded by shareholders.

Despite

having different users and a different focus, management accounting and

financial accounting are both based on the same core set of data/transactions.

Broadly

speaking, financial accounting information is prepared for decision making by many

different user groups external to a business, while management accounting is

used by internal users such as managers.