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Showing 21 - 30 of 30 results for "AASB"

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). AASB has opened up a 120-day comment period on ASRS 1 General Requirements for Disclosure of Climate-related Financial ...

Australia not ready for sustainability benchmarks, consultants warn

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... regimes. Legislation was introduced into federal parliament in February to empower the Australian Accounting Standards Board (AASB) to develop sustainability standards, the Auditing and Assurance Standards Board's to develop and maintain relevant auditing ...

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
... accounting standards were the subject of global public feedback, including from the Australian Accounting Standards Board (AASB). The resulting ISSB standards are likely to be adopted into Australian Accounting Standards. AASB chair Keith Kendall previously ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
... issue." The Australian Accounting Standards Board is considering the standards for appropriateness for Australian entities, and AASB chair Keith Kendall previously told FS Sustainability "there is a general expectation, and this is written in legislation ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... the TCFD, which is increasingly adopted across Australian organisations. Recently, Australian Accounting Standards Board (AASB) chair Keith Kendall told FS Sustainability that the AASB is conducting a public consultation on the draft ISSB standards and ...

AASB considering ISSB sustainability standards

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
The Australian Accounting Standards Board (AASB) is considering how to integrate climate change and sustainability-related financial accounting standards into Australian standards. AASB is consulting on the recently draft International Sustainability ...

Climate change, human rights risks intertwined: GCNA

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
... Authority, the Reserve Bank of Australia, the ASX Corporate Governance Outlines and the Australian Accounting Standards Board (AASB) and Auditing & Assurance Standards Board (AuASB) have all issued guidances and statements in recent years emphasising ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... (TCFD), and, in Australia, prior to developments including the Hutley opinion and statements by ASIC, APRA, the RBA and the AASB regarding material disclosures of climate risk. Further, at the time, there was a lack of market response when the New York ...

ASIC critiques management of non-financial risk in governance review

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2019  |  NEWS
... disclosures do not require auditing but where impacts are identified that have financial consequences these will require audit. The AASB/AuASB Joint Bulletin: Climate-related and other emerging risks disclosures" first published in December 2018 reinforced ...

AASB, AuASB statement raises stakes on disclosure of climate-related risk

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
A joint guidance statement by the Australian Accounting Standards Board (AASB) and Auditing & Assurance Standards Board (AuASB) on the integration of climate change-related risks into financial statement materiality considerations has intensified the ...
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