Current Board Papers

Below are the public papers for 2020-2021 AASB Board Meetings.

 

Meeting 10-11 November 2021. (No. 184)

Agenda Item No. Document Title
3.1 Cover memo: Fair Value Measurement for Not-for-Profit Entities
3.2 Staff paper: Draft modifications to AASB 13
3.3 Staff paper: Other measurement issues on which guidance has been requested
4.1 Staff Paper: Consideration of proposals and comparison to AASB 1060
5.1 Cover Memo: Insurance Activities in the Public Sector
5.2 Staff paper: Working draft ED
5.3

Staff paper: Risk adjustment – alignment of confidence levels

6.1 Cover Memo: Review of Intangible Assets Accounting Requirements – Revised Draft Staff Paper
7.1 Cover memo: Project overview
7.2 Staff paper: Tier 3 – primary financial statements
7.3 Staff paper: Tier 3 – leases
8.1 Staff paper: Alternative approaches to address disclosure problems
11.1 Staff Paper: Income of Not-for-Profit Entities (AASB 1058 and AASB 15 NFP guidance) – narrow-scope amendments
11.2 Staff Paper: Measurement of right-of-use assets from concessionary leases
12.1 Research Update
13.1 Documents open for comment
14.1 Cover memo: First-time adoption of AASB 1 by a subsidiary Exposure Draft
14.2 Pre ballot draft: Exposure Draft ED 3XX Application of AASB 1 by an Australian Subsidiary of an Overseas Parent – Transition Relief 
15.1 Staff paper: IASB ED/2021/6 proposals staff analysis
16.1 Staff paper: Disclosure of Accounting Policies – Proposed Amendments to Tier 2 and other Australian Accounting Standards
16.2 Pre-ballot Draft: AASB 2021-X Amendments to Australian Accounting Standards – Disclosure of Accounting Policies: Tier 2 and Other Australian Accounting Standards
17.0 Cover Memo: Other Business – Public
17.2 IPSASB meeting report – September 2021
17.3 Deferring the effective date of 2014 amendments to AASB 10 and AASB 128

 

Meeting 8-9 September 2021. (No. 183)

Agenda Item No.

Document Title

3.1

Cover memo

3.2

Staff Paper: Draft Comment Letter on IASB’s Third Agenda Consultation

4.1

Cover memo

5.1

Staff paper: Income of Not-for-Profit Entities

6.1

Staff paper: AASB draft ITC Agenda Consultation process

6.2

Draft ITC XX AASB Agenda Consultation 2022-2026

7.1

Staff paper: Education session and summary of feedback received to date on ED 311 Management Commentary

7.2

Slide deck on overview of ED 311 Management Commentary

8.1

Staff paper:  First-time adoption of AASB 1 by a subsidiary

9.1

Research Update

10.1

Documents open for comment

11.1

Cover memo: Insurance Activities in the Public Sector

11.2

Staff paper: Identifying and accounting for onerous contracts and related unit of account issues

11.3

Staff paper: Redeliberation of Scope and Risk adjustment topics

11.4

Staff paper: Measurement of investments backing insurance liabilities

11.5

Staff paper: Risk mitigation program costs and other similar costs

11.6

Staff paper: Captive insurers

12.1

Staff paper: Application of accounting policies for omitted topics and application of higher tier requirements

13.1

Cover memo: IPSASB Exposure Drafts on Public Sector Measurement

13.2

Staff paper: Summary of stakeholder feedback

13.3

Staff paper: Working draft submission

14.2

Draft work plan for forthcoming Post-implementation Reviews of domestic Standards and Interpretations

15.1

Staff paper: summary and analysis of stakeholder feedback

16.0

Cover Memo: Other Business – Public

16.3

IPSASB meeting report – June and July 2021

Meeting 4 August 2021. (No. 182)

Agenda Item No.

Document Title

3.1

Staff paper: Business Combinations under Common Control

4.1

Cover memo: Primary objective and staff analysis and recommendations on topics to be included in Tier 3 discussion paper

4.2

Staff paper: Primary objective of setting Tier 3

4.3

Staff paper: Change in accounting policies and correction of errors

5.1

Cover memo

5.2

Staff paper: Working draft submission

6

Documents open for comment

Meeting 21-22 June 2021. (No. 181)

Agenda Item No.

Document Title

3.1

Cover memo: Staff analysis and recommendation on certain topics to be included in Tier 3 discussion paper

3.2

Staff Paper: Setting of Tier 3 reporting requirements in the context of Australian Accounting Standards

3.3

Staff paper: Tier 3 reporting control and related entities

4.0

Staff Paper: Agenda Consultation

5.0

Staff Paper: IASB Third Agenda Consultation

6.1

Staff Paper: Proposed amendments to the IFRS Foundation’s Constitution to Accommodate an International Sustainability Standards Board

7.0

Research Update

8.1

Staff paper: Regulatory Assets and Liabilities

9.0

Cover memo: Audit engagement-related disclosures

9.1

Staff paper: Audit Tenure

 

9.2

 Staff paper: Auditor Remuneration

10.0

Cover memo: Going Concern

11.1

Summary of AASB Virtual Roundtable on AASB ITC 42 Business Combinations under Common Control

12.0

Cover Memo: Project plan

12.1

Staff Paper: Overview of IPSASB EDs and the scope of the AASB’s submission to the IPSASB

12.2

Staff Paper: Current value measurement of operational assets

14.1

Cover Memo

14.2

Staff Paper: Discounting and inflating under AASB 17/NZ IFRS 17 by public sector entities

14.3

Staff Paper: Eligibility for the PAA under AASB 17/NZ IFRS 17 for public sector entities

15.1

Principles for assessing the applicability of disclosure-only amendments to Tier 1 Standards to AASB 1060

15.2

Possible amendments to AASB 1060 and other Standards following amendments to full IFRS Standards

16.1

AASB 1058 Income of Not-for-Profit Entities targeted outreach

17.1

Documents open for comment by other organisations

18.1

Cover memo - Other Business – Public

18.2

Ballot Draft AASB 2021-X Amendments to Australian Accounting Standards – Deferred Tax related to Assets and Liabilities arising from a Single Transaction

Meeting 20-21 April 2021. (No. 180)

Agenda Paper No. Document Title
3.1 SAC 1 for NFP entities and principles for Tier 3 reporting requirements
3.2 Scope of the NFP FRF discussion paper
3.3 Principles for Tier 3 reporting requirements
4.1 Further staff analysis and recommendation on responses to ED 291
4.2 Working Draft of the Amending Standard – NFP Definition and Guidance
6.0 Cover memo: Review of Intangible Assets Accounting Requirements – Update on Draft Staff Report
7.1 Staff Paper: Measurement of GORTO liability under the modified retrospective transition approach
8.0 Staff Paper: AASB Agenda Consultation
9.1 Staff Paper: PIR IFRS 10,11,12 Feedback
9.2 ITC 43 Submission – HoTARAC
10.1 Cover Memo Insurance Activities in the Public Sector
10.2 Staff Paper: Scope of application of AASB 17/NZ IFRS 17 to public sector entities
10.3 Staff Paper: Risk adjustments for non-financial risk
11.0 Staff Paper: Going Concern
13.0.0 Cover memo: Other business
13.1 Staff Paper: Documents open for comment
13.2 IPSASB Report – March 2021

 

Meeting 24-25 February 2021. (No. 179)

Agenda Paper No. Document Title
3.1 Staff paper: Scope of application of AASB 17/ PBE IFRS 17 to public sector entities
3.2 Staff paper: Joint AASB-NZASB project objectives and next steps
4.1 Agenda Consultation
5.1 Staff paper: Cover memo-Scope of the public consultation document
5.2 Staff paper: Possible differential reporting Tiers for not-for-profit private sector entities
5.3 Staff paper: Applicability of the different tiers to not-for-profit private sector entities
5.4 Staff paper: Scope of NFP FRF project – Service Performance Reporting
6.1 Slide deck: BCUCC DP Education Session
7.1 Staff paper: Analysis of submission on ED 306 and staff recommendations
8.1 Research Update
10.1 Staff paper: AASB SMCs to accompany IPSASB EDs relating to Measurement
10.2 Draft AASB ITC document to be issued together with IPSASB EDs
10.3 Staff paper: High-level summary of survey results
11.1.0 Staff paper: Auditor Remuneration Disclosures
12.0 Cover memo: Documents open for comment
12.1.1 Staff paper: ED 305 Lease liability in a Sale and Leaseback
13.0 Cover memo: other business - public
13.4 IPSASB report, December 2020

 

Meeting 11-12 November 2020. (No. 178)

Agenda Paper No. Document Title
3.1 Staff paper: Summary of feedback from initial targeted consultation and next steps
4.1 Staff paper: Future direction of the project
4.2 Staff paper: Summary of feedback from users of public sector entities’ financial statements
5.1 Staff paper: Termination for Convenience Clauses
6.1 Staff Paper: Consider Feedback on the Discussion Paper and decide on issues for submission to IASB
6.2 Working draft submission to IASB: Discussion Paper Business Combinations-Disclosures, Goodwill and Impairment
6.3 Comment Letters received: Discussion Paper Business Combinations-Disclosures, Goodwill and Impairment (combined)
7.1 Staff Paper: ED 302 feedback 
8.0 Staff Paper: Documents Open for Comment
9.0 Staff Paper: Other Business – Public
9.4.1 IPSASB Report – September 2020 meeting
11.1 Staff Paper: Going Concern
14.1 Staff Paper: Sustainability Reporting

Meeting 16-17 September 2020. (No. 177)

Agenda Paper No. Document Title
4.1 Staff Paper:  Consider Feedback on Discussion Paper and decide on issues for submission to IASB
5.1 Staff Paper: Summary of Initial feedback received from regulators and conceptual framework panel members
6.1 Staff Paper: Comment letters received and draft submission on General Presentation and Disclosures
6.2 Draft submission to IASB: General Presentation and Disclosures
6.3 Comment Letters received: General Presentation and Disclosures (combined)
6.5 Late submission received: QBE Insurance Group
7.1 Staff Paper: Stakeholders’ feedback on proposed disclosures about adjustments on restricted land
7.2 Staff Paper: Paper for Project Advisory Panel meeting held on 14 August 2020, annotated with summary of feedback received from stakeholders
8.1 Staff Paper: Draft AASB submission to IPSASB
10.1 Staff Paper: NFP Conceptual Framework
10.2 NFP Conceptual Framework: RCF and IPSASB CF Comparison
10.3 Conceptual Framework for Financial Reporting: Proposed staff amendments
11.0 Staff Paper: Documents open for Comment
12.1 Staff Paper: IBOR Phase 2 amendments
12.2 Ballot draft: AASB 2020-X Amendments to Australian Accounting Standards – Interest Rate Benchmark Reform—Phase 2
13.0 Cover memo
13.4.1 IPSASB Report – June/July 2020

 

Meeting 11 June 2020. (No. 176)

Agenda Paper No. Document Title
3.0 Cover memo/general update
3.2 Lease concessions – NFP public sector and Tier 2 disclosures
4.1 Staff Paper: Consider Feedback on ED 298 and decide on submission to IASB
5.1 Staff paper: NFP Conceptual Framework project plan
7.1 Staff paper: Disclosures about discounts on restricted land
7.2 Staff’s proposed draft amendments to AASB 13 – proposed disclosures about discounts on restricted land
8.1 Cover Memo: Revision of The AASB’s For-Profit Entity Standard-Setting Framework
8.2 Draft revised The AASB’s For-Profit Entity Standard-Setting Framework (Month 2020)
9.1 Documents open for comment by other organisations
10.0 Cover Memo Other Business

 

Meeting 30 April 2020. (No. 175)

Agenda Paper No. Document Title
3.1 Staff Paper: Proposed amendments - disclosure of compliance with R&M requirements in SPFS of FP private sector entities
3.2 Pre-ballot Draft: AASB 2020-X Amendments to Australian Accounting Standards – Disclosure in Special Purpose Financial Statements of Certain For Profit Private Sector Entities on Compliance with Recognition and Measurement Requirements
4.1 Staff Paper: Consider Feedback on ED 298 and decide on submission to IASB
5.1 Staff Paper: Response to financial reporting issues of COVID-19
6.1 IBOR draft comment letter to IASB
7.1 Further staff analysis and recommendations on certain responses to ED 291
8.1 Presentation slides: Encouraging disclosures about discounts on restricted land as an interim step
10.1 International Documents Open for Comment
11.0 CM Other Business public

 

Meeting 5-6 March 2020. (No. 174)

Agenda Paper No. Document Title
3.1 Staff Paper: Initial summary responses to ED 297 & 295
3.2 Removal of Special Purpose Financial Statements for Certain For-Profit Private Sector Entities
3.3 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities
3.5 Staff Paper: Summary of NFP private and public sector specific issues raised in relation to ED 295 and staff recommendations
5.1 Staff Paper: Report on December 2019 Meeting of the IPSASB
6.1 Staff Paper: Amendments to AASB 101
6.2 Amendments to Australian Accounting Standards – Classification of Liabilities as Current or Non-current
7.1 Staff Paper: Documents open for comment by other organisations
8.0 Cover Memo
11.1 Staff Paper: ROU assets under concessionary leases and draft ED
11.2 Amendments to Australian Accounting Standards – Fair Value Measurement of Non-Financial Assets of Not-for-Profit Entities Held Primarily for their Service Capacity
11.3 Tabled Paper: Letter from HoTARAC
13.1 Staff Paper: Staff analysis and recommendations on certain responses to ED 291
15.1 AASB Work Program

 

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