Insights

ASIC consults on Draft regulatory guide about compliance with sustainability reporting obligations, including clarifications on areas of uncertainty.

ASIC’s 31 December 2024 focus areas continue to centre on financial reporting elements requiring most judgement and making the most use of estimates.

Treasury has proposed clarifications for Australian public companies preparing CEDS from financial year ending 30 June 2025 and onwards.

Mandatory internationally-aligned climate-related financial disclosures for certain entities a reality from financial years beginning in 2025.

New requirements for Australian public companies to disclose certain tax-related information for all subsidiaries from 30 June 2024 financial years.

Updated ASIC relief to allow stapled entities in a stapled group to present their respective financial statements together in a single report.

Respect at Work Act 2022: new obligation for employers to eliminate sexual harassment in the workplace.

KPMG’s submission to Treasury on Climate-related financial disclosure: Second consultation.

Harnessing deep sector expertise and innovative audit technologies to provide clients with audit quality improvement.

General purpose financial statements illustrating financial reporting requirements in Australia.

We look at your question on allocation of contract consideration to lease and non-lease components.

We consider the accounting for variable lease payments that depend on an index or rate of a lease contract that also includes a market rent review.

KPMG responds to the common question on the capitalisation of depreciation of the right-of-use asset and interest on the lease liability.

We look at your questions on lease payments that vary when there are changes in an index or a rate, such as the consumer price index.

We look at your questions on the flow on impacts for lessees to the classification of lease payments in the statement of cash flows.

Standards issued by the AASB and the IASB® Board applicable for years ended on or after 31 December 2024 and beyond.

Investment in AI is changing the financial reporting landscape where rapid expansion is imminent. Discover why auditing is leading the way.

We outline the new remuneration reporting and governance requirements applicable to Registrable Superannuation Entities and RSE Licensees.

Our Transparency Report provides insight into how KPMG strives for audit quality.

Our Transparency Report provides insight into how KPMG strives for audit quality.

Our Transparency Report provides insights into how KPMG strives for audit quality.

We outline the tentative and final agenda decisions issued by the IFRS Interpretations Committee.

We look at your questions on the tax effect accounting impact of applying AASB 16 Leases.

We look at your questions on the impact of embedded leases on lessors.

Corporate reporting is a core channel to communicate to the market and foundation for trust, so a clear and powerful reporting strategy is essential.

Our Practical Guide illustrates measurement of the lease liability and right-of-use asset where lease payments vary according to an index or a rate.

ASIC has published its regulatory guide on sustainability reporting obligations, including clarifications on areas of interpretation.

Australian public companies to disclose certain tax-related information for each entity in consolidated financial statements for 30 June 2024 onwards.

Our webinar focuses on reporting for interim and annual financial reporting for 31 December 2024.

The AASB proposes removing the ability for certain NFP entities from preparing SPFS and a new GPFS Tier-3 for smaller NFP private sector entities.

This update introduces the CCIV Framework.

KPMG's guide for practical implementation of a first-time transition to general purpose financial statements – Tier 2 Simplified Disclosures.

A review of ASX200 corporate reporting trends in the year to 30 June 2022.