Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 7 of 7 results for "Australian Accounting Standards Board"

Government to streamline financial reporting

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
... and governance arrangements for a new body responsible for the combined functions of the Australian Accounting Standards Board (AABS), the Auditing and Assurance Standards Board (AUASB) and the Financial Reporting Council (FRC). The consultation paper ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial Information accounting ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
... differences remain leading to unnecessary duplication." It noted that the ongoing project of the Australian Accounting Standards Board to develop a simplified financial reporting framework for smaller NFPs. "Such measures should improve the resilience ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... come into effect 1 July 2021. New accounting standard AASB 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into effect from 1 July 2021. The ATO said it will change the reporting requirements of certain for-profit ...

Banks face volatility with shift to global accounting standards

AAP  |  WEDNESDAY, 15 SEP 2004
... standards derived from the International Accounting Standards Board and administered by the Australian Accounting Standards Board. But from 1 January, 2005, businesses will be required to comply with these standards. \"It will affect all Australian companies ...

Transition to IFRS will be smooth; APRA

... prudential amendments after new accounting standards take effect from 1 January 2005. The Australian Accounting Standards Board earlier in the month confirmed an Australian equivalence of the International Financial Reporting Standards (IFRS), which ...

Industry groups call for active management interest in imminent IASB standards

... follow a broad strategic direction issued by the Financial Reporting Council (FRC) to the Australian Accounting Standards Board (AASB), in July 2002. The changes mean that companies with financial reporting periods beginning on or after 1 January 2005 ...
PAGE:
1