Accounting News, August 2012

21 August 2012

Tim Kendall , National Leader, Audit & Assurance |

In this month’s newsletter, we continue our ‘Blind Freddy’ series, looking at common mistakes made when recognising revenue. We also look at recent IFRS Interpretations Committee decisions and the post-implementation review of IFRS 8 Operating Segments.

In this issue

  • Ten ways to materially misstate your financial statements…The ‘Blind Freddy’ proposition continued - Part 10 – Revenue recognition
  • IFRS Interpretations Committee agenda decisions
  • IASB is reviewing IFRS 8 Operating Segments
  • Latest IASB project timetable
  • Changes to ASX Listing Rules
  • Comments sought on exposure drafts