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Showing 1 - 10 of 65 results for %22Australian Accounting Standards Board%22

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 ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... natural capital," JANA head of sustainability Rachel Halpern commented. "The early adopter list of TNFD includes only 12 Australian organisations... This is not strong participation yet, but we expect it to grow exponentially, following a similar trajectory ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... make 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
... first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). #7: Social license or social-washing - weighing the value of public statements on the Voice August: Companies and ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... (ISSB)'s global reporting framework. Business should not underestimate the task ahead. The Australian Accounting Standards Board (ASSB) has released an exposure draft of the Australian Sustainability Reporting Standards (ASRS). A public comment period ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... merge 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 ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... merge 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 ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... Under the federal government's proposal, climate-related financial disclosures will become mandatory for large Australian companies from July 2024, with smaller businesses to follow in 2027-2028. As FS Sustainability reported in June, the proposal ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... first 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 ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian companies are either continuing to rise or not declining significantly, according to the latest benchmark report by ...
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