30 Jun. 2009
The AASB invites comment on ITC 21 Request for Comment on IASB Discussion Paper DP/2009/2 Credit Risk in Liability Measurement.... Read more
30 Jun. 2009
The Australian Accounting Standards Board (AASB) and the Financial Reporting Standards Board (FRSB) of the Institute of Chartered Accountants of New Zealand (NZICA) have released a joint Exposure Draft (ED) on reporting income from non-exchange transactions.... Read more
26 Jun. 2009
The AASB has issued the Action Alert for the 99th meeting of the AASB, held 24-25 June 2009.... Read more
25 Jun. 2009
The approved minutes for the 20-21 May 2009 AASB meeting (No.98) are now available.... Read more
23 Jun. 2009
Agenda paper 12.5 AASB 2009-Y Amendments to Australian Accounting Standards is now available.... Read more
23 Jun. 2009
The AASB has submitted its comments to the IASB on Discussion Paper Preliminary Views on Revenue Recognition in Contracts with Customers.... Read more
17 Jun. 2009
The agenda and three agenda papers for the AASB meeting of 24-25 June 2009 are now available.... Read more
15 Jun. 2009
AASB has issued a restructured version of AASB 1, now titled First-time Adoption of Australian Accounting Standards. The standard applies to annual reporting periods beginning on or after 1 Jul 2009.... Read more
15 Jun. 2009
The updated Agenda, for the 24-25 June 2009 AASB Meeting, is now available.... Read more
12 Jun. 2009
The AASB has issued 2009-4 Amendments to Australian Accounting Standards arising from the Annual Improvements Project and 2009-5 Further Amendments to Australian Accounting Standards arising from the Annual Improvements Project.... Read more
11 Jun. 2009
Submissions to the AASB on ED 174 Amendments to AASB Standards to facilitate GAAP/GFS Harmonisation for Entities within the General Government Sector.... Read more
5 Jun. 2009
The AASB has released Exposure Draft ED 182 Prepayments of a Minimum Funding
Requirement [AASB Interpretation 14] for comment by 13 July 2009.... Read more
2 Jun. 2009
The AASB has released Exposure Draft ED 181 Fair Value Measurement, which incorporates IASB Exposure Draft ED/2009/5 Fair Value Measurement. Comments are requested by 28 August 2009.... Read more
26 May. 2009
The AASB has issued the Action Alert for the 98th meeting of the AASB, held 20-21 May 2009.... Read more
26 May. 2009
The approved minutes for the 22 April 2009 AASB meeting (no.97) are now available.... Read more
22 May. 2009
The IFRIC is seeking comment on a tentative agenda decision regarding the meaning of 'significant or prolonged' in IAS 39 Financial Instruments: Recognition and Measurement.... Read more
20 May. 2009
The way superannuation plans and approved deposit funds (ADFs) report financial results may change, as the result of proposals in ED 179 Superannuation Plans and Approved Deposit Funds.... Read more
13 May. 2009
The Agenda, for the 20-21 May 2009 AASB Meeting, is now available.... Read more
12 May. 2009
The Agenda for the 20 May 2009 AASB Consultative Meeting is now available.... Read more
1 May. 2009
The AASB submission to the IASB in relation to ITC 19 Request to Comment on IASB Discussion Paper Preliminary Views on Financial Statement Presentation is now available.... Read more
29 Apr. 2009
The AASB has issued AASB 2009-1 Amendments to Australian Accounting Standards – Borrowing Costs of Not-for-Profit Public Sector Entities, AASB 2009-2 Amendments to Australian Accounting Standards – Improving Disclosures about Financial Instruments and AASB 2009-3 Amendments to Australian Accounting Standards – Embedded Derivatives.... Read more
9 Apr. 2009
The AASB has released Exposure Draft ED 177
The AASB has released Exposure Draft ED 177 Derecognition (Proposed Amendments to AASB 139 and AASB 7), which incorporates IASB Exposure Draft ED/2009/3 Derecognition (Proposed Amendments to IAS 39 and IFRS 7). Comments are requested by 3 July 2009.
9 Apr. 2009
The AASB has released Exposure Draft ED 178
The AASB has released Exposure Draft ED 178 Income Tax. Comments are due to the AASB by 19 June 2009 and to the IASB by 31 July 2009.
8 Apr. 2009
The AASB staff have prepared a draft Illustrative Example as a Supplement to Exposure Draft ED 174 Amendments to Australian Accounting Standards to facilitate GAAP/GFS Harmonisation for Entities within the GGS [AASBs 101, 107 and 1052].... Read more
3 Apr. 2009
AASB invites comment on ITC 20 Request for Comment on IASB Discussion Paper DP/2009/1 Leases – Preliminary Views.... Read more
2 Apr. 2009
The AASB invites you to participate in a Roundtable discussion on the AASB’s Exposure Draft ED 174 Amendments to Australian Accounting Standards to facilitate GAAP/GFS Harmonisation for Entities within the GGS.... Read more
2 Apr. 2009
The AASB has made a submission to the IASB, on Exposure Draft ED 10 Consolidated Financial Statements... Read more
1 Apr. 2009
A minor amendment has been made to paragraph 12 of ED 174 Amendments to Australian Accounting Standards to facilitate GAAP/GFS Harmonisation for Entities within the GGS [AASBs 101, 107 and 1052]... Read more
18 Mar. 2009
The AASB submission to the International Accounting Standards Committee Foundation (IASCF) on its Discussion Paper Review of the Constitution - Identifying Issues for Part 2 of the Review is now available.... Read more
16 Mar. 2009
The AASB submission to the NSS Secretariat in relation to AASB 138 DP is now available - Initial Accounting for Internally Generated Intangible Assets.... Read more
6 Mar. 2009
The approved minutes for the 5th February 2009 AASB meeting (no.95) are now available.... Read more
6 Mar. 2009
The Action Alert from the 4-5 March 2009 Board meeting is now available.... Read more
2 Mar. 2009
The AASB would like to invite you to participate in a roundtable discussion on the IASB’s Discussion Paper Preliminary Views on Revenue Recognition in Contracts with Customers.... Read more
26 Feb. 2009
The agenda and five agenda papers for the AASB meeting of 4-5 March 2009 are now available.... Read more
17 Feb. 2009
The AASB released ED 176 Proposed Amendments to Australian Accounting Standards – Borrowing Costs of Not-for-Profit Public Sector Entities.... Read more
13 Feb. 2009
The AASB invites comment on Proposed Interpretation Australian Superannuation Contributions Tax for Defined Benefit Plans.... Read more
12 Feb. 2009
The AASB is now seeking applicants for the 2010 Graduate Intern Program. Applications close 24 April 2009.... Read more
10 Feb. 2009
The AASB has issued an invitation to attend a roundtable discussion on ITC 19 Request to Comment on IASB Discussion Paper Preliminary Views on Financial Statement Presentation.... Read more
9 Feb. 2009
The AASB released ED 175 Post-implementation Revisions to AASB Interpretations.... Read more
5 Feb. 2009
The approved minutes from the 17-18 December 2008 AASB meeting (no.94) are now available.... Read more
14 Jan. 2009
The Australian Accounting Standards Board (AASB) has issued Exposure Draft ED 174 Amendments to Australian Accounting Standards to facilitate GAAP/GFS Harmonisation for Entities within the GGS [AASBs 101, 107 and 1052]... Read more
9 Jan. 2009
AASB invites comment on ITC 19 Request for Comment on IASB Discussion Paper Preliminary Views on Financial Statement Presentation.... Read more
23 Dec. 2008
The AASB has issued four exposure drafts and one invitation to comment, one Interpretation, an amending Standard and one submission to the IASB.... Read more
22 Dec. 2008
The AASB submission to the IASB in relation to ED 166 - Simplifying Earnings per Share: Proposed Amendments to AASB 133 is now available.... Read more
22 Dec. 2008
The technical article, Not-for-profit entity requirements in Australian Accounting Standards has been updated.... Read more
19 Dec. 2008
The AASB has issued AASB 2008-12 Amendments to Australian Accounting Standards – Reclassification of Financial Assets – Effective Date and Transition.... Read more
19 Dec. 2008
The Action Alert from the 17-18 December 2008 Board meeting is now available.... Read more
1 Dec. 2008
The Australian Accounting Standards Board has issued AASB 2008-11 Amendments to Australian Accounting Standard – Business Combinations Among Not-for-Profit Entities [AASB 3], which has the effect of requiring assets acquired in a merger of not-for-profit entities to be re-measured, normally at fair value, as at the date of the merger.... Read more
21 Nov. 2008
The AASB has produced ten compiled Accounting Standards to complete the set of standards applicable to the 2008/09 financial year.... Read more
17 Nov. 2008
The AASB has released a National Standard Setters Group communiqué to the International Accounting Standards Board (IASB). The full text of the communiqué is available here.... Read more
3 Nov. 2008
The AASB has issued the IPSASB Consultation Paper on Phase 1 of its Conceptual Framework for General Purpose Financial Reporting by Public Sector Entities. Comments are due to the AASB by 13 Feb 2009.... Read more
3 Nov. 2008
Comment letters to the AASB and the AASB submission to IPSASB are now available on the website.... Read more
3 Nov. 2008
Selected agenda papers for the AASB meeting of 12-13 November 2008 are now available.... Read more
31 Oct. 2008
The inconsistent accounting treatments for particular types of intangible assets are addressed in a discussion paper released by the Office of the Australian Accounting Standards Board (AASB) for comment by 15 May 2009.... Read more
30 Oct. 2008
The agenda for the AASB meeting to be held 12-13 November 2008 is now available.... Read more
27 Oct. 2008
The AASB has made a submission to the IASB on its Exposure Draft An improved Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics and Constraints of Decision-useful Financial Reporting Information... Read more
27 Oct. 2008
The IPSASB has issued Exposure Draft ED 35 IPSAS 5 "Borrowing Costs" (Revised 200X). The AASB seeks comments on ED 35 to use in developing its submission to the IPSASB.... Read more
24 Oct. 2008
AASB ED 169 Improving Disclosures about Financial Instruments: Proposed Amendments to AASB 7 is now available.
Comments are due to the AASB by 1 December 2008, or to the IASB by 15 December 2008.... Read more
22 Oct. 2008
The AASB released AASB 2008-10 Amendments to Australian Accounting Standards - Reclassification of Financial Assets.... Read more
17 Oct. 2008
The AASB has made a submission to the IASB on its Discussion Paper Preliminary Views on an Improved Conceptual Framework for Financial Reporting: The Reporting Entity. ... Read more
3 Oct. 2008
The AASB has released AASB 2008-9 Amendments to AASB 1049 for Consistency with AASB 101... Read more
3 Oct. 2008
The Australian Accounting Standards Board (AASB) has developed a revolutionary electronic solution, which enables users to identify and locate the accounting pronouncements relevant to their particular financial reporting period.... Read more
25 Sep. 2008
Minutes of the 27 August 2008 AASB meeting
The approved minutes of the 27 August 2008 AASB meeting (no. 90) are now available.
25 Sep. 2008
September 2008 Action Alert
The Action Alert from the 24 September 2008 Board meeting is now available.
22 Sep. 2008
The AASB has issued revised AASB 1039 Concise Financial Reports, which is applicable for annual reporting periods beginning on or after 1 January 2009. Early adoption is permitted.... Read more
22 Sep. 2008
The AASB has released AASB 2008-8 Amendments to Australian Accounting Standards - Eligible Hedged Items.... Read more
18 Sep. 2008
Selected board papers for AASB Meeting 24 September 2008 are now available .... Read more
11 Sep. 2008
The Financial Reporting Council (FRC) is seeking expressions of interest from people wishing to fill part-time vacancies on the Auditing and Assurance Standards Board (AUASB) and the Australian Accounting Standards Board (AASB) which will become available in 2008-09.... Read more
8 Sep. 2008
The AASB has released ED 165 Improvements to Australian Accounting Standards.... Read more
5 Sep. 2008
Interpretation 15 Agreements for the Construction of Real Estate and Interpretation 16 Hedges of a Net Investment in a Foreign Operation have been released.... Read more
3 Sep. 2008
The AASB has released ED 166 Simplifying Earnings per Share: Proposed Amendments to AASB 133.... Read more
29 Aug. 2008
Approved minutes of AASB meeting 89 (30-31 July 2008) are now available.... Read more
29 Aug. 2008
The Action Alert from the most recent Board meeting, 27 August 2008, is now available.... Read more
12 Aug. 2008
The AASB has made a submission to the IPSASB in relation to the Social Benefits project.... Read more
8 Aug. 2008
The AASB has issued a report on not-for-profit entity implications of the IASB's proposed changes to its conceptual framework in respect of private sector businesses. This report may help with preparing comments to the AASB and/or the IASB on ED 164 and ITC 17.... Read more
7 Aug. 2008
AASB 2008-7 Amendments to Australian Accounting Standards – Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate has been released.... Read more
1 Aug. 2008
AASB releases two Amending Standards. The amendments, made as part of the Australian Accounting Standards Annual Improvements Project, amend 26 standards.... Read more
24 Jul. 2008
The AASB invites participation in a roundtable discussion, to be held in Melbourne on the 14th August 2008, on ITC 17, which considers issues related to ‘the reporting entity’.... Read more
3 Jul. 2008
Reminder: The comment periods are closing soon for some AASB exposure drafts... ... Read more
2 Jul. 2008
AASB invites comment on ITC 17 Request for Comment on IASB Discussion Paper "Preliminary Views on an improved Conceptual Framework for Financial Reporting: The Reporting Entity".... Read more
6 Jun. 2008
The AASB has released AASB 2008-4 Amendments to Australian Accounting Standard - Key Management Personnel Disclosures by Disclosing Entities, which amends AASB 124 Related Party Disclosures.... Read more