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What's new in financial reporting for December 2008?

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17 Nov 2008

Deloitte (Australia) has published 'What's New in Financial Reporting for December 2008?'. This publication provides a high level overview of new and revised financial reporting requirements that need to be considered for periods ending on 31 December 2008.

Entities can use this listing to perform a quick check that all the new financial reporting requirements have been fully considered as part of their December 2008 reporting close process. The information was last updated on 30 October 2008 for developments to that date. Deloitte (Australia) will update this information online if any significant developments occur in the period to 31 March 2009.

The information is organised as follows:

  • overview of the big picture issues for financial reporting at December 2008
  • tables of new and revised accounting pronouncements, categorised as follows:
  • IFRS-equivalent Standards and guidance
  • domestic Standards
  • amending Standards
  • Interpretations
  • pronouncements approved by the IASB/IFRIC where an equivalent pronouncement has not been issued by the AASB Corporations Act 2001 developments
  • other developments

Click to view What's New in Financial Reporting for December 2008? (PDF 172k).

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