Accounting News, August 2011

21 August 2011

Tim Kendall , National Leader, Audit & Assurance |

In this month’s newsletter, we look at lessons learned from the Centro case and questions directors should be asking as a result. We also look at the prospect of a new exposure draft on leasing proposals in Q4 2011 (leasing proposals to be re-exposed), extended relief to certain intermediate parent entities from preparing consolidated financial statements, as well as the answer to a frequently asked question about accounting for insurance proceeds received for natural disaster relief.