Are you ready for major changes to accounting?

The Australia Accounting Standards Board have released sweeping changes to accounting reporting. These changes affect all entities that prepare accounts in accordance with accounting standards and interpretations and requires action now. These standards are significant, and in some instances, it will be essential for their impact to be known beyond the finance function. Read on to find out more:

The Australian Government has also proposed to raise financial reporting thresholds for proprietary companies by 2020. You can read more on the current and proposed thresholds here:

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All the Latest From Our Team

5% of ASX-listed companies delisted in 2019-20

Posted By William Buck News on 04/08/2020 06:17:23 am

The clampdown on reverse listings and de-listings of long-suspended companies bites listed ASX shells for the year ended 30 June 2020 During the financial year…

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Don't underestimate the implications of AASB 16 leases

Posted By William Buck News on 11/10/2019 05:29:54 am

Since the new leases standard – AASB 16 – came into effect earlier this year, it’s presented several operational challenges with entities now needing to…

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Important changes to lease agreements

Posted By William Buck News on 14/08/2019 04:38:53 am

Do you work in a finance team, sit on a Board, or are you a business owner? Do you need to report to ASIC or…

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Is your Financial Reporting up to standard?

Posted By William Buck News on 11/07/2019 05:07:40 am

The William Buck Financial Reporting series has wrapped up for the year, providing finance professionals with the latest insights to help their business. Covering various…

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