Consistency. Comparability. Transparency.

Audit and Risk Committee vacancy

A vacancy has arisen for the on the Audit Finance and Risk Committee for the Australian Accounting Standards Board (AASB) and the Auditing and Assurance Standards Board (AUASB)

The AASB & AUASB are seeking an outstanding person who can...

Agenda and papers for AASB Meeting 181 - June 2021 now available

The Agenda and Papers for the AASB Meeting 181 to be held on 21-22 June 2021 are now available

AASB Staff Paper: Comparison of Narrative Reporting Requirements Applicable to For-Profit Entities

The staff paper  Comparison of Narrative Reporting Requirements Applicable to For-Profit Entities examines several aspects of narrative reporting requirements for for-profit entities in Australia and selected overseas jurisdictions through their comparison to the draft disclosure objectives expected to be included...

AASB–AUASB webinar – For-profit entities: The removal of special purpose financial statements and the introduction of simplified disclosures (Part 3)

On 25 May 2021 AASB and AUASB staff co-presented the third webinar in a series on the removal of special purpose financial statements and the introduction of simplified disclosures

AASB Exposure Draft 310 Lack of Exchangeability

The AASB is proposing to amend AAS 121 The Effects of Changes in Foreign Exchange Rates to help companies determine whether a currency can be exchanged into another currency and what accounting requirements to apply if the currency cannot be...