Comments sought on exposure drafts

At BDO, we provide comments locally to the Australian Accounting Standards Board (AASB) and internationally to the International Accounting Standards Board (IASB). We welcome any client comments on exposure drafts that are currently available.

If you would like to provide any comments, please contact Aletta Boshoff, Partner and National Leader, IFRS & Corporate Reporting and National Leader, ESG & Sustainability.

Document

Proposals

Comments due to AASB by

Comments due to IASB by

ED 326 Annual Improvements to Australian Accounting Standards – Volume 11

Proposes minor or narrow scope amendments to the following Australian Accounting Standards as a result of the International Accounting Standards Board’s Annual Improvements – Volume 11:

AASB 1 First-time Adoption of Australian Accounting Standards
AASB 7 Financial Instruments: Disclosures
IFRS 9 Financial Instruments
IFRS 10 Consolidated Financial Statements
IAS 7 Statement of Cash Flows.

7 November 2023

11 December 2023

ED SR1 Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information

Proposes three draft Australian Sustainability Reporting Standards based on IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, but dealing only with climate-related financial disclosures.

1 March 2024

N/A