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22 Dec. 2016

Updated AASB Standard-setting Work Program December 2016

The AASB has updated its standard-setting work program as at 22 December 2016. AASB pronouncements incorporating the recently issued IFRS Standards and IFRIC Interpretation are expected to be made in Q1 2017. Other forthcoming Q1 pronouncements: Exposure Drafts on Reduced Disclosure Requirements and Annual Improvements 2015-2017 cycle, fatal flow draft of the forthcoming Standard on Service Concession Arrangements: Grantors (for public comment), and a final Agenda Decision on Materiality of Key Management Personnel Related Party Transactions for Public Sector Entities.