Newsletter:

Accounting News, October 2012

21 October 2012

Sheryl Levine |

In this month’s newsletter, we look at the new hedging requirements, ASIC’s proposals for effective disclosure in an operating and financial review and other recent releases. We also continue our ‘Blind Freddy’ series, looking at more common income tax errors and further examine company disclosures about the impact of the new consolidation, joint arrangements and fair value standards.

In this issue

  • New hedge accounting requirements are almost complete
  • ASIC seeking comment - Effective disclosure in an operating and financial review
  • New consolidation, joint arrangements and fair value standards – Storm in a teacup? – continued
  • IFRIC agenda decisions
  • AASB 9 Financial Instruments deferred
  • RDR update
  • Blind Freddy – Income taxes - continued
  • Comments sought on exposure drafts