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Australian Accouting Standards Board
Australian Accounting Standards Board Developing, issuing and maintaining Australian Accounting Standards and related pronouncements


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Invitation to comment: draft Standard-Setting Frameworks: In order to best develop AASB Standards and determine when specific guidance or modifications are needed, the AASB has prepared draft Standard-Setting Frameworks for constituents to use when submitting requests for changes in the AASB Standards Read More

Save the date: Next month, as part of our Australian Financial Reporting Framework project, the AASB will  undertake outreach designed to inform stakeholders who will feed into the ACNC legislative review. This will follow the release of a research paper and a consultation paper Read More

Earlier this month, the IFRS Foundation issued the case study report, Better Communication in Financial Reporting – Making disclosures more meaningful which looks at six companies from varied industries and countries – including Australia’s Wesfarmers – and describes their process to improve disclosures. Read More

The AASB has updated its standard-setting work program as at 13 October 2017.  The revised work program now includes projects that are undertaken by both the IASB and the IPSASB as well as the revised timing of various AASB projects.

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