• Natural resources
    Mid year accounting update

Natural Resources Financial Reporting Update December 2019

Date: Wednesday, 20 November 2019
Time: 8:15AM - 11:30AM
BDO Perth office
38 Station Street, Subiaco
Perth, Perth  6008
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Natasha Briggs
  • 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 natural resources is no different, particularly given the significant use of capital equipment. Determining whether there are leases in service and supplier contracts is also of particular relevance to this sector.

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.

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




By Monday, 18 November, 2019 

Click below to register