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The 40-14 edition of AASB International Update has been published.  This Update provides a summary of the accounting activities of a number of International standard-setting and professional bodies.

The AASB has updated its standard-setting work program as at 28 October 2014.

The AASB has submitted a comment letter to the IFRS Interpretations Committee (the Committee) concerning the Committee’s tentative agenda decision on IFRIC 21 Levies included in the September 2014 IFRIC Update.

The AASB comment letter expresses concern in relation to the wording of the tentative agenda decision.

Action Alert No. 168, for the 141st meeting of the AASB, which was held on 22-23 October 2014, is now available.

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