We are excited to announce the appointment of Professor Ann Tarca to the position of Research Director at the AASB. The appointment of an academic professor to this role recognises the vital contribution research plays in the development of high quality accounting standards. The role will also lead to greater collaboration between academia, business and the AASB. Read More
The Offices of the AASB and AUASB will close for the Christmas - New Year holiday period from 5.00pm on Friday 23 December and will re-open at 9.00am on Tuesday 3 January 2017. We take this opportunity to wish you a safe and happy Festive Season.
The AASB has updated its standard-setting work program as at 22 December 2016 Read More
As discussed at the AASB Board Meeting on 14 December, AASB Tentative Agenda Decision Materiality of Key Management Personnel Related Party Transactions for Public Sector Entities is now available for comment by 8 February 2017. The Tentative Agenda Decision addresses whether a transaction with a KMP related party, that is not part of a public services provider/taxpayer relationship, is always material for disclosure in financial statements.