2021 Board Papers

AASB Agendas, Action Alerts, Minutes and Public Papers for 2021 AASB Board Meetings.

Board Meeting Dates 2021	Meeting No.	Agenda	Board Papers	Action Alert	Minutes
February 24-25*	179	Available	Available	Available	Available
April 20-21*	180	Available	Available	Available	Available
June 21-22*	181	Available	Available	Available	Available
Aug 4*	182	Available	Available	Available	Available
Sep 8-9*	183	Available	Available	Available	Available
Nov 10-11*	184	Available	Available	Available	Available

* Meeting to be held by Videoconference

Meeting 10-11 November 2021. (No. 184)

Agenda Item No.	Document Title
3.1	Cover memo: Fair Value Measurement for Not-for-Profit Entities
3.2	Staff paper: Draft modifications to AASB 13
3.3	Staff paper: Other measurement issues on which guidance has been requested
4.1	Staff Paper: Consideration of proposals and comparison to AASB 1060
5.1	Cover Memo: Insurance Activities in the Public Sector
5.2	Staff paper: Working draft ED
5.3	Staff paper: Risk adjustment – alignment of confidence levels
6.1	Cover Memo: Review of Intangible Assets Accounting Requirements – Revised Draft Staff Paper
7.1	Cover memo: Project overview
7.2	Staff paper: Tier 3 – primary financial statements
7.3	Staff paper: Tier 3 – leases
8.1	Staff paper: Alternative approaches to address disclosure problems
11.1	Staff Paper: Income of Not-for-Profit Entities (AASB 1058 and AASB 15 NFP guidance) – narrow-scope amendments
11.2	Staff Paper: Measurement of right-of-use assets from concessionary leases
12.1	Research Update
13.1	Documents open for comment
14.1	Cover memo: First-time adoption of AASB 1 by a subsidiary Exposure Draft
14.2	Pre ballot draft: Exposure Draft ED 3XX Application of AASB 1 by an Australian Subsidiary of an Overseas Parent – Transition Relief
15.1	Staff paper: IASB ED/2021/6 proposals – staff analysis
16.1	Staff paper: Disclosure of Accounting Policies – Proposed Amendments to Tier 2 and other Australian Accounting Standards
16.2	Pre-ballot Draft: AASB 2021-X Amendments to Australian Accounting Standards – Disclosure of Accounting Policies: Tier 2 and Other Australian Accounting Standards
17.0	Cover Memo: Other Business – Public
17.2	IPSASB meeting report – September 2021
17.3	Deferring the effective date of 2014 amendments to AASB 10 and AASB 128

Meeting 8-9 September 2021. (No. 183)

Agenda Item No.	Document Title
3.1	Cover memo
3.2	Staff Paper: Draft Comment Letter on IASB’s Third Agenda Consultation
4.1	Cover memo
5.1	Staff paper: Income of Not-for-Profit Entities
6.1	Staff paper: AASB draft ITC Agenda Consultation process
6.2	Draft ITC XX AASB Agenda Consultation 2022-2026
7.1	Staff paper: Education session and summary of feedback received to date on ED 311 Management Commentary
7.2	Slide deck on overview of ED 311 Management Commentary
8.1	Staff paper: First-time adoption of AASB 1 by a subsidiary
9.1	Research Update
10.1	Documents open for comment
11.1	Cover memo: Insurance Activities in the Public Sector
11.2	Staff paper: Identifying and accounting for onerous contracts and related unit of account issues
11.3	Staff paper: Redeliberation of Scope and Risk adjustment topics
11.4	Staff paper: Measurement of investments backing insurance liabilities
11.5	Staff paper: Risk mitigation program costs and other similar costs
11.6	Staff paper: Captive insurers
12.1	Staff paper: Application of accounting policies for omitted topics and application of higher tier requirements
13.1	Cover memo: IPSASB Exposure Drafts on Public Sector Measurement
13.2	Staff paper: Summary of stakeholder feedback
13.3	Staff paper: Working draft submission
14.1.0	Staff Paper: Post Implementation Review Overview
14.2	Draft work plan for forthcoming Post-implementation Reviews of domestic Standards and Interpretations
15.1	Staff paper: summary and analysis of stakeholder feedback
16.0	Cover Memo: Other Business – Public
16.3	IPSASB meeting report – June and July 2021

Meeting 4 August 2021. (No. 182)

Agenda Item No.	Document Title
3.1	Staff paper: Business Combinations under Common Control
4.1	Cover memo: Primary objective and staff analysis and recommendations on topics to be included in Tier 3 discussion paper
4.2	Staff paper: Primary objective of setting Tier 3
4.3	Staff paper: Change in accounting policies and correction of errors
5.1	Cover memo
5.2	Staff paper: Working draft submission
6	Documents open for comment

Meeting 21-22 June 2021. (No. 181)

Agenda Item No.	Document Title
3.1	Cover memo: Staff analysis and recommendation on certain topics to be included in Tier 3 discussion paper
3.2	Staff Paper: Setting of Tier 3 reporting requirements in the context of Australian Accounting Standards
3.3	Staff paper: Tier 3 reporting control and related entities
4.0	Staff Paper: Agenda Consultation
5.0	Staff Paper: IASB Third Agenda Consultation
6.1	Staff Paper: Proposed amendments to the IFRS Foundation’s Constitution to Accommodate an International Sustainability Standards Board
7.0	Research Update
8.1	Staff paper: Regulatory Assets and Liabilities
9.0	Cover memo: Audit engagement-related disclosures
9.1	Staff paper: Audit Tenure
9.2	Staff paper: Auditor Remuneration
10.0	Cover memo: Going Concern
11.1	Summary of AASB Virtual Roundtable on AASB ITC 42 Business Combinations under Common Control
12.0	Cover Memo: Project plan
12.1	Staff Paper: Overview of IPSASB EDs and the scope of the AASB’s submission to the IPSASB
12.2	Staff Paper: Current value measurement of operational assets
14.1	Cover Memo
14.2	Staff Paper: Discounting and inflating under AASB 17/NZ IFRS 17 by public sector entities
14.3	Staff Paper: Eligibility for the PAA under AASB 17/NZ IFRS 17 for public sector entities
15.1	Principles for assessing the applicability of disclosure-only amendments to Tier 1 Standards to AASB 1060
15.2	Possible amendments to AASB 1060 and other Standards following amendments to full IFRS Standards
16.1	AASB 1058 Income of Not-for-Profit Entities targeted outreach
17.1	Documents open for comment by other organisations
18.1	Cover memo - Other Business – Public
18.2	Ballot Draft AASB 2021-X Amendments to Australian Accounting Standards – Deferred Tax related to Assets and Liabilities arising from a Single Transaction

Meeting 20-21 April 2021. (No. 180)

Agenda Paper No.	Document Title
3.1	SAC 1 for NFP entities and principles for Tier 3 reporting requirements
3.2	Scope of the NFP FRF discussion paper
3.3	Principles for Tier 3 reporting requirements
4.1	Further staff analysis and recommendation on responses to ED 291
4.2	Working Draft of the Amending Standard – NFP Definition and Guidance
6.0	Cover memo: Review of Intangible Assets Accounting Requirements – Update on Draft Staff Report
7.1	Staff Paper: Measurement of GORTO liability under the modified retrospective transition approach
8.0	Staff Paper: AASB Agenda Consultation
9.1	Staff Paper: PIR IFRS 10,11,12 Feedback
9.2	ITC 43 Submission – HoTARAC
10.1	Cover Memo Insurance Activities in the Public Sector
10.2	Staff Paper: Scope of application of AASB 17/NZ IFRS 17 to public sector entities
10.3	Staff Paper: Risk adjustments for non-financial risk
11.0	Staff Paper: Going Concern
13.0.0	Cover memo: Other business
13.1	Staff Paper: Documents open for comment
13.2	IPSASB Report – March 2021

Meeting 24-25 February 2021. (No. 179)

Agenda Paper No.	Document Title
3.1	Staff paper: Scope of application of AASB 17/ PBE IFRS 17 to public sector entities
3.2	Staff paper: Joint AASB-NZASB project objectives and next steps
4.1	Agenda Consultation
5.1	Staff paper: Cover memo-Scope of the public consultation document
5.2	Staff paper: Possible differential reporting Tiers for not-for-profit private sector entities
5.3	Staff paper: Applicability of the different tiers to not-for-profit private sector entities
5.4	Staff paper: Scope of NFP FRF project – Service Performance Reporting
6.1	Slide deck: BCUCC DP Education Session
7.1	Staff paper: Analysis of submission on ED 306 and staff recommendations
8.1	Research Update
10.1	Staff paper: AASB SMCs to accompany IPSASB EDs relating to Measurement
10.2	Draft AASB ITC document to be issued together with IPSASB EDs
10.3	Staff paper: High-level summary of survey results
11.1.0	Staff paper: Auditor Remuneration Disclosures
12.0	Cover memo: Documents open for comment
12.1.1	Staff paper: ED 305 Lease liability in a Sale and Leaseback
13.0	Cover memo: other business - public
13.4	IPSASB report, December 2020