Skip To Content | Contact Us | About AASB | Links

AASB on Twitter AASB on LinkedIn

Australian Accouting Standards Board
Australian Accounting Standards Board Developing, issuing and maintaining Australian Accounting Standards and related pronouncements


 - Latest News

Fatal-Flaw Review Draft: Proposed Standard Amendments to Australian Accounting Standards –Implementation of AASB 1059: This proposed Standard would amend the transitional relief available to grantors when implementing AASB 1059 Service Concession Arrangements: GrantorsComments are due 17 July 2019. Read More

ED 291 Not-for-Profit Entity Definition and Guidance proposes to replace the existing definition of a not-for-profit (NFP) entity with a substantive definition. The proposed definition has two interdependent parts: (1) the primary objective to provide goods or services for community or social benefit, and (2) the provision of any equity is to support that objective rather than for a financial return to equity holders. Read More

ED 290 Reference to the Conceptual Framework proposes narrow-scope amendments to AASB 3 Business Combinations to update the reference to the Conceptual Framework for Financial Reporting without changing the accounting requirements for business combinations. Read More

New Conceptual Framework for Financial Reporting:  A new Conceptual Framework has been issued for for-profit private sector entities that have public accountability and are required by legislation to comply with Australian Accounting Standards.  Read More

More News

Quick Search

to search

(excluding Pronouncements
& WIP)