Technical publications and IFRS

IFRS factsheets

Merilyn Gwan Merilyn Gwan

Grant Thornton has developed the financial reporting factsheets listed below for CPA Australia, providing a high level overview of the requirements set out in International Financial Reporting Standards (IFRS).

In addition to including requirements in IFRS that are used as the basis for Australian Accounting Standards (AAS) issued by the Australian Accounting Standards Board (AASB), the factsheets also include Australian specific requirements included in AAS.

These factsheets also cover Australian specific AAS that have been developed and issued by the AASB to deal with Australian specific financial reporting requirements not addressed through the IFRS framework.  The factsheets reflect requirements in IFRS and AAS as at 31 December 2015.