AASB Website and Standards Portal Linked to IFRS Interpretations Committee Agenda Decisions

Wednesday, June 7, 2023

On the AASB website, a new page under the Pronouncements tab identifies when there are IFRS IC agenda decisions relating to an Australian Accounting Standard or Interpretation that corresponds with an IFRS Accounting Standard or IFRIC Interpretation. The tables list the date of the latest agenda decision relevant to each pronouncement. Each date is linked to the page on the IFRS Foundation website that provides all of the agenda decisions relating to the IFRS Accounting Standard or IFRIC Interpretation, not just the latest one.

In the AASB Standards Portal, the new page on the AASB website is linked to each Australian Accounting Standard or Interpretation for which there is a relevant IFRS IC agenda decision, again showing the date of the latest agenda decision. For example, take a look at the portal page for AASB 16 Leases here. With just three clicks from that page, you will find the April 2023 IFRS IC agenda decision “Definition of a Lease – Substitution Rights”.

Showing the latest agenda decision date on the AASB website page and also on the pages for relevant pronouncements in the portal should help website and portal users identify when there are new agenda decisions relating to a Standard or Interpretation that they haven’t seen previously.

Subscribe for updates Subscribe