Summary Of Accounting Standards

A S S U R A N C E & A DV I S O RY Summary of Australian Accounting Requirements April 2003 Our culture – our essence Culture at Deloitte does not just happen – we work at it. It’s the sum total of the actions of our people, it’s the way we treat others – it’s the way we behave. Our seven Signals embody these values. Our passion for teamwork and exceptional client service is our point of difference. At Deloitte, we live and breathe our culture. Deloitte Touche Tohmatsu is one of the world’s leading professional services organisations. The member firms of Deloitte Touche Tohmatsu deliver world-class assurance and advisory, tax, and consulting services. With more than 119,000 people in over 140 countries, the member firms serve over one-half of the world’s largest companies, as well as large national enterprises, public institutions, and successful, fast growing global growth companies. Our internationally experienced professionals strive to deliver seamless, consistent services wherever our clients operate. Our mission is to help our clients and our people excel. Deloitte’s Australian practice had a net revenue of $573 million in the year ending 2002. Awards & achievements – Australian practice Offices that form the Australian practice are: Adelaide, Alice Springs, Brisbane, Canberra, Darwin, Hobart, Katherine, Launceston, Melbourne, Parramatta, Perth, Sydney, with Kimbe, Lae, Madane & Port Moresby in Papua New Guinea (known as Deloitte Touche Tohmatsu), Hong Kong, Kuala Lumpur, Manila, Seoul, Shanghai, Singapore, Taipei (known as Trowbridge Deloitte) Tokyo (known as Deloitte Tohmatsu AICG). 21 offices around Australia & Asia with 250 partners and a team of over 2160 voted #1 in Euromoney’s ‘World’s Leading Tax Advisers’ guide (2002) ranked #2 overall in the 2002 International Tax Review survey ranked #2 in annual list of ‘Top 100 accounting firms’, by BRW (2002)