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- December 2009
December 2009
To contact the Moore Stephens Technical Accounting Services team call Rob Mackay
or Kim Barson on (03) 9614 4444 or email:
Rob Mackay
rmackay@moorestephens.com.au
Kim Barson
kbarson@moorestephens.com.au
Proposed reforms to corporate reporting
- By Rob Mackay
- Published 18/12/2009
- December 2009
- Unrated
Treasury has recently released the Corporations Amendment (Corporate Reporting Reform) Bill 2010. The purpose of the proposed reforms is to reduce red-tape, improve accountability and transparency of disclosures and refine the reporting framework.
AASB Consultation Paper: Differential Financial Reporting – Reducing Disclosure Requirements
- By Rob Mackay
- Published 18/12/2009
- December 2009
- Unrated
The AASB has now released their proposals for a change to the
differential reporting framework in Australia. These proposals are in
light of the previous decision not to apply the new IASB standard IFRS for SMEs released in July 2009.
AASB 9 – Financial Instruments
- By Rob Mackay
- Published 18/12/2009
- December 2009
- Unrated
The AASB has now issued accounting standard AASB 9 Financial Instruments which represents the first phase of the replacement of AASB 139.