Monthly Roundup August 2014 | Deloitte Australia | Audit, Accounting, Technical updates has been added to your bookmarks.
Monthly Roundup - August 2014
Staying on top of financial reporting developments
The IASB has published the final version of IFRS 9 Financial Instruments, which replaces IAS 39 Financial Instruments: Recognition and Measurement, effective for annual periods beginning on or after 1 January 2018.
Other new pronouncements approved by the AASB include:
- ED 251 Revenue from Contracts with Customers – Tier 2 proposals
- ED 252 Proposal to supersede AASB Interpretation 1042 Subscriber Acquisition Costs in the Telecommunications Industry.