Australia

Are you ready for major changes to accounting?

The Australia Accounting Standards Board have released sweeping changes to accounting reporting. These changes affect all entities that prepare accounts in accordance with accounting standards and interpretations and requires action now. These standards are significant, and in some instances, it will be essential for their impact to be known beyond the finance function. Read on to find out more:

The Australian Government has also proposed to raise financial reporting thresholds for proprietary companies by 2020. You can read more on the current and proposed thresholds here:

<Back

Australian Accounting Standard Updates​ Specialists

Latest insights from our Australian Accounting Standard Updates​ team

The going concern assumption – nailing that cash flow forecast
12 June 2024 | Minutes to read: 2

The going concern assumption – nailing that cash flow forecast

You’re a CFO in the final lap of the annual financial statements audit – almost all ticking...
Navigating the AGM – running the meeting
26 March 2024 | Minutes to read: 4

Navigating the AGM – running the meeting

This article is part of a three-part series on Navigating your Annual General Meetings and provides tips...
The future is digital for contract management systems – and AI will be taking charge
2 February 2024 | Minutes to read: 3

The future is digital for contract management systems – and AI will be taking charge

How can the Board trust the CEO and management? Rarely is such a sentiment written down in...