The AASB and AUASB are excited to announce that we have commenced recruitment for four newly created technical roles: Research Director, AASB; Technical Director, AUASB; Project Manager, AASB; and an Assistant Project Manager, AUASB. Click here for further information.
The AASB would like to invite you to a CFO-only discussion forum with IASB Vice-chair, Sue Lloyd. The IASB is looking for direct CFO feedback on issues including defining operating profit and EBIT, and improving the reliability of underlying earnings and other non-GAAP financial measures. Click here for event details and how to register.
What are the key findings from the academic research about IFRS adoption in Australia? Find out from the AASB Research Report No. 3 – The impact of IFRS adoption in Australia: Evidence from academic research. Read More
AASB 4 Insurance Contracts has been amended by AASB 2016-6 to allow entities to modify their application of AASB 9 Financial Instruments either through the 'overlay approach’ or by temporarily deferring AASB 9 when their activities are predominantly connected with insurance. The amendments do not apply to insurance contracts subject to AASB 1023 and AASB 1038. Read More