Australia

Details

  • Service: Audit, Financial Statement Audit, Financial Reporting & Accounting Standards, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 17/03/2014

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

IFRS: New standards (2014/04) 

This edition of In the Headlines provides a summary of newly effective and forthcoming standards for financial years ending on or after 31 March 2014, including interim periods within those financial years.
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Companies with 31 March 2014 financial year ends will be preparing their annual financial statements considering the consequential effects of newly effective and forthcoming standards.

 

Among others, the new consolidation suite of standards and the revised standard on employee benefits now apply.