Western Australian Consolidated Acts

LEGAL PROFESSION ACT 2008 - SECT 549

549 .         Accounts and records

        (1)         The Board must —

            (a)         cause to be kept proper accounts of the financial transactions of the Board; and

            (b)         cause to be kept proper records of the business of the Board; and

            (c)         prepare financial statements in accordance with Australian Accounting Standards.

        (2)         Unless the Board determines otherwise, the financial statements must be prepared on an accrual basis.