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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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Media release: the costs, benefits and risks of infrastructure and other public service projects will be more transparently and consistently reported to taxpayers under the new standard AASB 1059 Service Concession Arrangements: Grantors released today. Read more

Insurance accounting in Australia is now on the path to global harmonisation with the issue of AASB 17 Insurance Contracts, incorporating the recently published IFRS 17 Insurance Contracts. AASB 17 is effective for annual reporting periods beginning on or after 1 January 2021, to align with IFRS 17. Earlier application is permitted.

AASB 1056 Superannuation Entities – the webinar recording, presentation and post-session Q&A document are now available via the website.

The AASB has updated its standard-setting work program as at 14 July 2017 ... Read More

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