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Change of Focus Reduces Financial Statements Headache
CCH and Financial Reporting Specialists join forces to a more practical approach to producing financial statements
(SYDNEY, AUSTRALIA) July 1, 2010 – CCH, a Wolters Kluwer company, today launched a new Master Financial Statements guide. The guide, created in partnership with Financial Reporting Specialists, is expected to save both time and money by helping accountants improve the way they produce financial statements.
Co-author Michael Berrington of Financial Reporting Specialists has worked on bringing this project to life for a number of years and is confident that this guide will take the pain out of producing financial statements.
“We moved our thinking from the traditional view of why we disclose to how to disclose, which led to developing and publishing this practical and easily adoptable format for financial statements.” Mr. Berrington said.
“Master Financial Statements from CCH is suitable for most types of entities and all disclosures are cross-referenced to provide additional guidance where needed.” Mr. Berrington explained. “We will be enhancing the content regularly to ensure practitioners have the most current and comprehensive tools available.”
Master Financial Statements is available in online or printed formats. The online version includes Word document templates for easy use.
View the table of contents, request an online trial, download sample materials, or order online at

Claire Hinge
CCH Australia
Office +61 2 9857 1309
About CCH Australia
CCH Australia is a leading publisher and information services company. The company’s core markets are the tax, accounting, audit, legal and business sectors. For more than 40 years, Australian professionals have relied on CCH to provide them with accurate, relevant and timely information products and services. For more information please see

About Wolters Kluwer Tax & Accounting
Wolters Kluwer Tax & Accounting, a division of Wolters Kluwer, is the preferred provider of premier information, research, and software tools in the global tax and accounting arena. Tax, accounting, and audit professionals who serve as trusted advisors to clients and businesses worldwide rely on authoritative content and integrated workflow solutions from global leader Wolters Kluwer Tax & Accounting. Its market leading solutions include CCH®, ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect™. Its headquarters are in Riverwoods, Illinois.
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer’s leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.
Wolters Kluwer has 2009 annual revenues of €3.4 billion ($4.8 billion/£3.0 billion), employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Forward-looking Statements

This press release contains forward-looking statements. These statements may be identified by words such as “expect,” “should,” “could,” “shall,” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Related Document:
sqr Change of Focus Reduces Financial Statements Headache.pdf
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