• General Accounting
    Mid Year Update

General Financial Reporting Update December 2019

Date: Thursday, 21 November 2019
Time: 8:15AM - 11:30AM
BDO Perth office
38 Station Street, Subiaco
Perth, Perth  6008
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Natasha Briggs
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  • Summary

31 December 2019 is fast approaching for those companies required to apply AASB 16 Leases in the full year and half-year accounts.

Now is the time to get adoption of AASB 16 right. Failure to do so runs the risk of audit delays and scrutiny from ASIC.

The new leasing standard is an important change for all industries and is of particular relevance to those companies with leased capital equipment and property leases. Determining whether there are leases in service and supplier contracts is also a significant issue for certain companies on adoption of the standard.

We will also look at new reporting developments including:

  • The impact of AASB Interpretation 23 Uncertainty over Income Tax Treatments
  • Amendments to the definition of a business introduced by AASB 2018-6 that may result in more acquisitions of mining and oil and gas companies being recognised as asset acquisitions rather than business combinations.
  • Proposals to scrap special purpose financial reports.
  • Latest ASIC action.

We will examine practical issues that arose on adoption of AASB 15 Revenue from Contracts with Customers and AASB 9 Financial Instruments

This accounting update, run by BDO IFRS Advisory experts Wayne Basford and Susan Oldmeadow-Hall, will assist you in preparing your 31 December 2019 year-end and half-year accounts.

Who should attend

Chief Financial Officers, Financial Controllers, Finance Managers, Accountants and those involved in any aspects of financial or corporate reporting.

Event details 

8.15am Arrival
8.30am Seminar Starts
10.00am Short break
10.25am - Recommence
11.30am Networking
Light breakfast provided

Cost

Complimentary 

RSVP

By Tuesday, 19 November, 2019 

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