International Clarity... Australian Clarity
The International Auditing and Assurance Standards Board (IAASB) has announced that its Clarity project is nearing finalisation.
International Standard Setting on the Public Interest
The International Federation of Accountants (IFAC) - of which CPA Australia is a full member - has issued a policy position paper describing the international standard setting process, and how it is undertaken in the public interest.
Audits of Concise Financial Reports
If you are a member conducting audits of concise financial reports, it's important to have a look at the latest guidance issued by the AUASB.
International Accounting Standards Committee Foundation’s constitutional review
The trustees of the International Accounting Standards Committee (IASC) Foundation, at its Beijing
Cancellation of the January 2009 IFRIC meeting
The International Accounting Standards Board (IASB) has advised that the meeting of the International Financial Reporting Interpretations Committee (IFRIC) scheduled for 8 and 9 January 2009 has been cancelled. Reasons for the cancellation are provided on the IASB’s website.
Not-for-profit entities must re-measure assets
The Australian Accounting Standards Board (AASB) decided to make AASB 2008-11 Amendments to Australian accounting standard: business combinations among not-for-profit entities (AASB 3), a standard which requires not-for-profit entities to apply the revised AASB 3 Business combinations, except where there is common control, at its November meeting.