The Office of the AASB will be closed for the Christmas - New Year holiday period from 24 December 2014 and will re-open at 9.00am on Monday 5th January 2015. We take this opportunity to wish you a safe and happy Festive Season.
The AASB has released ED 258 Disclosure Initiative (Proposed amendments to AASB 107), which incorporates IASB ED/2014/6 Disclosure Initiative Proposed amendments to IAS 7. Read More
The AASB has updated its standard-setting work program as at 22 December 2014.
The AASB has approved the following Standards:
• AASB 15 Revenue from Contracts with Customers;
• AASB 2014-5 Amendments to Australian Accounting Standards arising from AASB 15;
• AASB 2014-6 Amendments to Australian Accounting Standards – Agriculture: Bearer Plants;
• AASB 9 Financial Instruments;
• AASB 2014-7 Amendments to Australian Accounting Standards arising from AASB 9 (December 2014); and
• AASB 2014-8 Amendments to Australian Accounting Standards arising from AASB 9 (December 2014) – Application of AASB 9 (December 2009) and AASB 9 (December 2010).