TA 2024-11: Accounting standards issued but not yet effective for 31 December 2024
Technical Accounting Alert: TA 2024-11Accounting standards issued but not yet effective for 31 December 2024
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Accounting standards issued but not yet effective for 31 December 2024
What’s new for December 2024
The purpose of this Alert is to draw attention to the Consultation Paper CP 380 Sustainability reporting (consultation paper) and accompanying draft regulatory guide RG 000 Sustainability reporting (draft regulatory guidance) published by the Australian Securities and Investment Commission (ASIC) on 7 November 2024.
Following recent decisions made at the Australian Accounting Standards Board (AASB) meetings, we now have a very clear sense of what the final Australian Sustainability Reporting Standards (ASRS) will look like.
AASB 18 Presentation and Disclosure in Financial Statements
ASIC focus areas for 30 June 2024 financial reports
Accounting standards issued but not yet effective for 30 June 2024
Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024