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:

<Back

All the Latest From Our Team

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…

Read More
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…

Read More
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…

Read More
Governance

Posted By William Buck News on 12/06/2019 05:47:25 am

Within the NFP sector, there have been several new governance regulations introduced. The below articles provide a snapshot into the recent changes and key issues…

Read More