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Ever wondered how the Queensland Audit Office chooses what to audit? We’ve just published our new 3-year forward work plan, which explains what we are auditing, when, and why.
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Do you know if we have planned a performance audit that may involve your entity?
The new standard AASB 1058 Income of Not‑for-Profit Entities
The new standard AASB 16 Leases was issued over two years ago, in February 2016. The broad intention of the standard is to put ‘off‑balance sheet’ operating leases ‘on-balance sheet’.