Last year’s hot topic has carried forward to this financial year—the implications of the IFRS Interpretations Committee’s (IFRIC’s) agenda decision Configuration or Customisation Costs in a Cloud Computing Arrangement (April 2021).
The hot topic for this financial year appears to be the implications of the IFRS Interpretations Committee’s (IFRIC’s) agenda decision Configuration or Customisation Costs in a Cloud Computing Arrangement (April 2021)1.
The standard AASB 16 Leases is now in its second year of operation for public sector entities. In this article, we cover a brief update on some specific accounting issues that you may not have dealt with on transition.
Queensland Treasury Financial Reporting Requirements (FRRs) for 2019–20 are available on Queensland Treasury’s website: www.treasury
When is a lease not a lease? When it does not meet the definition of a lease.
The key audit matters section of the Independent Auditor’s Report has been introduced.
Queensland Treasury Financial Reporting Requirements (FRRs) for 2018–19 are available on Queensland Treasury’s website. www.treasury
The Australian Accounting Standards Board (AASB) is reviewing financial reporting requirements for the public sector.1, 2
Can the International Public Sector Accounting Standard IPSAS 41 Financial Instruments help us in Australia?