IFRS equivalents ready now!

Article Abstract:

In view of the Australian Accounting Standards Board (AASB) planning to adopt the standards equivalent to the International Financial Reporting Standard (IFRS). The financial report makers are suggested to select an accounting policy, considering the requirements of the AASB and whether to apply for any exemptions and collecting time sensitive information used in calculations.

Strategy & planning, Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Planning, Accounting firms, Accounting services, Accounting Standards Board, Company business planning

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Who bears the impact of IFRS?

Article Abstract:

The CPA Australia commissioned Monash University to conduct a research on the adoption of IFRS and the impact on Australian entities. The findings indicated the impact of these standards on business and gave preliminary indications on the impact of key exposure drafts.

Product standards, safety, & recalls, Science & research, Financial Systems & Controls, Financial Management, Standards, Research, Influence, Monash University

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