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 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.
The day-to-day operations of public sector entities are getting busier all the time and changes to everyday activities can be seen as disruptive.
As our 31 December year-end clients finalise their financial statements, it’s a timely reminder to not make immaterial changes.
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.
Climate-related risks are an emerging area that may have a direct impact on entities’ financial statements.
To round out 2019, below are some areas of focus for our public sector clients. These are drawn from our latest financial audit work and analysis across all entities.
The key audit matters section of the Independent Auditor’s Report has been introduced.