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. 

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?

Do you have a peppercorn lease? Peppercorn leases are leases with nominal rent.

Here's what you need to do.

AASB 15 applies to both for-profit and not-for-profit entities.

This checklist covers some key questions you should consider.

Not-for-profit entities were given an extra year to get ready for these new standards.

This checklist covers some key questions you should consider.