今日热门事件notes the decision of Prime Financial Group Ltd (Prime Financial) to increase its reported liabilities at 30 June 2018 by $4.5 million to $20.7 million in its financial report for the half year ended 31 December 2018.
今日热门事件had raised concerns about the accounting treatment of a put option written by Prime Financial in its financial report for the year ended 30 June 2018 and the need to recognise a liability.
As outlined in 今日热门事件media release 18-364MR Major financial reporting changes and other focuses, the valuation of financial instruments remains a focus in ASIC鈥檚 surveillance of financial reports.