BNET Business Dictionary

Business Definition for: AASB

  • Australian Accounting Standards Board

Additional Resources

AASB's "trilogy" under fire.
Feb 28, 2002 BRW ABIX via COMTEX -- Reforms for accounting standards in Australia are the subject of discussion. The three accounting standards at the core of the debate took effect on 30 June 2001 and are the AASB 1040 standard, the AASB 1034...
Tags: accounting, Ernst & Young LLP, FINANCE, SALES, survey
Research articles 2002-02-28
Knowledge Bank: CPA POLICY EXPERTS CLARIFY TAX OFFICE INTEREST CHARGES AND REVISIONS TO AASB 119
Q: I have a client who has a defined benefit plan. They have already undertaken their IFRS analysis based on the requirements in AASB 119 Employee Benefits, as issued in July 2004. Does the client now have to apply the requirements of the revised AASB 119?
Tags: Clarify, knowledge
Research articles 2005-03-01
NEWS IN BRIEF
AASB appointment Bruce Porter FCPA, vice-president of CPA Australia's Victorian Division, has been appointed to the Australian Accounting Standards Board AASB for three years. Porter, who is also a member of the Reporting Committee of the Australian Institute of Company Directors and a senior partner for Deloitte, joins the AASB...
Tags: Australia, Deloitte LLP, Strategy
Research articles 2005-03-01
Time to deal with outstanding issues.(Brief Article)
Mar 17, 2005 (The Australian Financial Review - ABIX via COMTEX) The Australian Accounting Standards Board AASB will undertake a review of its five policy statements. Its policies have not changed since it underwent a restructure in 2000, because it has had to focus on...
Tags: Australia, European Commission
Research articles 2005-03-17
Standards board slammed.
Sep 20, 2001 The Age ABIX via COMTEX -- A senior auditor with Ernst & Young has criticised the Australian Accounting Standards Board AASB. Accounting and audit national director, David Boymal, said the board lacked a clear strategy for harmonising domestic accounting standards with...
Tags: accounting, board, deputy, Ernst & Young LLP, FINANCE
Research articles 2001-09-19
Making coming clean a standard practice.
Byline: Leon Gettler Jul 27, 2005 (The Age - ABIX via COMTEX) -- The Australian Accounting Standards Board AASB may consider developing a standard for "triple bottom line"...
Tags: Australian Stock Exchange Ltd.
Research articles 2005-07-27
Business combinations and intangible assets.
May 07, 2002 Australian CPA ABIX via COMTEX -- The Australian Accounting Standards Board AASB is engaged in a review of intangible assets. The AASB has reacted to recent international regulatory developments by expanding the project to include business combinations. The US Financial Accounting...
Tags: asset, FINANCE, Financial Accounting Standards Board
Research articles 2002-05-07
[1781] Consolidation: deferred tax liabilities recognised under AASB 1020.
Byline: Annamaria Carey Oct 25, 2006 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO issued Taxation Determination TD 2006/60 on 27 September 2006. It was previously issued as Draft Taxation Determination 2006/D18 and is unchanged from that...
Tags: Australian Taxation Office, consolidation, FINANCE, Taxes
Research articles 2006-10-25
A comment on Brown's "The Financial Milieu of the IASB and AASB".
Byline: Stephen Zeff and Alistair Brown Jul 26, 2006 (Australian Accounting Review - ABIX via COMTEX) -- Alistair Brown's biographies of International Accounting Standards Board IASB members can be seen as lacking. Brown gives the biographies in an article in a previous edition...
Tags: FINANCE, financial, Financial Accounting Standards Board
Research articles 2006-07-26
The saga of a disallowed accounting standard.(Brief Article)
Dec 02, 2004 (Australian Accounting Review - ABIX via COMTEX) A decision by the Australian Senate in February 2000 led to a court case in the Victorian Supreme Court. The Senate elected to disallow two paragraphs of Accounting Standard AASB 1015 "Acquisition of Assets"....
Tags: accounting, ASICs, asset, FINANCE, HARDWARE, Semiconductors, U.S. Senate
Research articles 2004-12-02
Reporting struggle for smaller entities.
Jan 11, 2002 The Age ABIX via COMTEX -- KPMG claims that smaller finance companies are struggling to meet new reporting requirements. Banking specialist, Andrew Dickinson, said on 10 January 2002 that institutions such as credit unions had little experience with providing details of...
Tags: accounting, Australia, FINANCE, National Australia Bank, revenue
Research articles 2002-01-10
Harmony brings frustration.
Dec 15, 2002 (BRW - ABIX via COMTEX) Australia will be required to comply with standards set by the International Accounting Standards Board IASB. Many of the proposed standards are still under discussion, with both US and European accounting boards calling for changes. The...
Tags: Australia, Financial Accounting Standards Board, Quality, standards
Research articles 2002-12-16
Triple Point Technology Launches Treasury Management and Regulatory Compliance Solution Suite
Commodity XL for Hedge Accounting, the first product in the series, is a comprehensive hedge accounting software solution that complies with SOX, FAS 133, IAS 39, SAS 133, CICA 3865 and AASB 139 regulatory requirements WESTPORT, Conn. -- Triple Point Technology[R], the established leader in cross-industry commodity and energy...
Tags: Triple Point Technology Inc.
Research articles 2008-06-03
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