Australian financial reporting guide (10th Edition)
Understanding and responding to Australian financial reporting obligations
Our Australian financial reporting guide is designed to help navigate the sometimes complex Australian financial reporting framework
Financial reporting in Australia is governed through legislation, regulations, accounting standards, professional standards and more.
Australia’s continued compliance with International Financial Reporting Standards (IFRS) is critical in global capital markets. The Australian Accounting Standards Board also sets accounting standards for various categories of entities, which results in a more comprehensive reporting framework.
Recent changes in Australia’s differential framework to move away from the reporting entity concept will perhaps see one of the more significant changes in the financial reporting landscape over the coming months and years.
The interaction of all of these requirements can be complex and this guide is designed be an adjunct to corporate governance frameworks to assist entities understand and respond to their financial reporting obligations.
