Accounting News, July 2011

21 July 2011

Tim Kendall , National Leader, Audit & Assurance |

In this month’s newsletter, we look at some of the major impacts of the new consolidation standard, IFRS 10 Consolidated Financial Statements, as well as details of the reforms to the Corporations Act for executive remuneration, the IASB’s latest annual improvement exposure draft and, the June IASB amendments to IAS 1 Presentation of Financial Statements and IAS 19 Employee Benefits, and also ASIC's call for better disclosure in remuneration reports, and the possible implications of the Federal Court decision on the Centro civil penalty case against the directors and executives.