| Abstract: | Contrary to the findings of earlier research, this paper reports a low and declining level of voluntary compliance with important reporting provisions of AAS 25. Implications for AAS 25 of new "competing" government-backed financial reporting regulations are also investigated. Examination of both "formal" annual accounts and "informal" member reports of various types of superannuation funds issued during 1991-93 shows that many funds did not distribute AAS 25 reports to their members and, in fact, received very few requests for this information. |
