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Showing 1 - 10 of 16 results for "AASB"

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... commencement date should be 12 months from either the date legislation is proclaimed or Australian Accounting Standards Board (AASB) standards are published - whichever is later - before compliance is required. "There is nothing to be gained for users ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial Information accounting ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... its crackdown on greenwashing, having previously fined two more entities over alleged false or misleading statements. #6: AASB publishes climate-related disclosure standards draft October: Australian Sustainability Reporting Standards (ASRS) will first ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... 500 employees, more than $1 billion in assets and more than $500 million in revenue. ASRS 1 and 2 are based on ISSB, but AASB has focused more narrowly on climate-related disclosure in line with government efforts to make climate disclosure mandatory ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... the three bodies that oversee financial reporting and set reporting standards - the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. Professor Peter Carey, director of the research ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... the three bodies that oversee financial reporting and set reporting standards - the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. The new integrated body will implement accounting ...

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 ...
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