One way a company can raise finance is through equity capital. If a publicly listed company wants to issue new shares to the public, it must comply with certain disclosure requirements. Discuss what interests are being balanced by these disclosure rules. Identify the disclosure requirements and what happens if there is inadequate disclosure. You should support your answers with reference to relevant sections of the Corporations Act 2001 (Cth) and, where relevant, to cases.

Answer rating: 100% (QA)

The details of all transactions must be reported in a financial statement in other words financial s... View the full answer