Explains the difference between the SAC1 reporting entity definition and the RCF definition. (suggested 150 words) 2. Explains the distinction in the current requirements for GPFS Tier 1 and GPFS Tier 2 under the current reporting framework. (suggested 100 words) 3. Explains the differences between the GPFS Reduced Disclosure Regime (RDR) and the proposed GPFS ‐ Specified Disclosure Requirements (SDR) and the potential impact of each of these differences on shareholders’ ability to make investment decisions about the company. (suggested 150 words) 4. Explains whether KiMy will be required to prepare GPFS Tier 1 under RCF. (suggested 150 words)\ 5. Evaluates, taking an agency theory lens, whether GPFS Tier 1 would provide better quality information for decision making for KiMy’s shareholders than GPFS Tier 2 (SDR). (suggested 500 words) continued over the page Page 3 of 4 6. Evaluates, taking a stakeholder theory lens, whether GPFS Tier 1 would provide better quality information for decision making for the Victorian Government than the current SPFS that is issues. (suggested 400 words) 7. Identifies the challenges that KiMy will face when it is required to prepare GFRS Tier 1 following the AASB’s adoption of the RCF, and provides suggestions on how the company could meet the challenges.
