Australian Government
Australian Accounting Standards Board
In June 2023, Dr Andreas Barckow and Professor Ann Tarca visited Sydney and Melbourne to participate in a series of events that allowed stakeholders to hear directly from the IASB on topics of interest.
Further information about each of the sessions, including information about members of the expert panels, can be found in the table below. Links to the slides from some of the sessions are also available below.
The following sessions were held in person on Thursday, 1 June 2023, at the Shangri-La Sydney, 176 Cumberland Street, The Rocks.
| Topic | Need more information? | Link to available slides |
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Digital Financial Reporting In this session, Ann Tarca provided an overview of the IASB's current work on digital financial reporting. Amir Ghandar, Rebekah Morgan, Doug Niven and Keith Kendall then discussed the opportunities that digitalisation offers to financial reporting and the significant advantages for preparers, auditors, regulators, users and analysts.. |
Click here | Click here |
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An update on the IASB's Financial Instruments Projects In this session, Dr Andreas Barckow provided an overview of the IASB's financial instruments projects, including:
Amendments to the Classification and Measurement of Financial Instruments. |
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What Company Directors need to know - an update from the IASB Christian Gergis and Robin Low joined Dr Andreas Barckow for an informative discussion covering matters relevant to Australian company directors. During the session, Andreas, Christian and Robin discussed the IASB key projects for the next 12 -24 months, including the project on reporting climate-related risks in financial statements, reporting in an age of economic uncertainty, digital financial reporting and artificial intelligence. |
Click here | No slides available |
The following sessions were held in person on Monday, 5 June 2023, at Dexus Place, Level 14, 385 Bourke Street, Melbourne.
| Topic | Need more information? | Link to available slides |
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Intangible Assets, including Digital Assets Dr Andreas Barckow provided an overview of the IASB's plan for addressing the accounting for intangible assets, including digital assets. Andreas was joined by Ram Subramanian, Keith Kendall and Liz Smith, who provided their perspectives on the challenges arising from the existing accounting requirements, possible next steps and how intangible assets affect business valuations. |
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Academics: Challenges in Educating Future Accountants In this two-part session, Dr Andreas Barckow, Keryn Chalmers and Ken Weldin started by sharing their perspectives on the challenges of educating future accounts. Professor Ann Tarca was then joined by Dean Hanlon and Eric Lee for an insightful discussion about how standard setters use academic research and the current research initiatives of both the IASB and the AASB. |
Click here | No slides available |