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XYZ & GPFR in Xero
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AASB 1060 Tier 2 Resources
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SPFR in Xero
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I want a GPFR prepared
How do I report to QBE insurance
They have started asking for GPFR
Key thresholds to watch:- AASB 15 is required for annual limits up to $9.99 million
- AASB 1060 GPFR required for firms with revenue from $10M to $49.99M
- AASB 1060 GPFR Audited needed for firms over $50M in revenue
This shift raises important questions:
- Will other insurance companies follow QBE’s lead?
- Will QBE expand this to other industries—such as retail or childcare?