Our summary of new and revised accounting pronouncements for March 2012

  • Calendar (old) Image

03 Apr 2012

We've updated our 'summary of new and amended pronouncements' document to provide a high level overview of new and revised accounting pronouncements that should be considered for financial reporting periods ending on or after 31 March 2012.

The resource provides a brief summary of each pronouncement, and indicates whether it must be mandatorily applied for the first time at 31 March 2012, or whether it may be optionally applied, for various quarter ends. This information can be used to ensure that all new financial reporting requirements have been fully considered in the reporting close process.

The information reflects developments to 28 March 2012 and will be updated through to June 2012, after which we'll produce an edition for June 2012 reporting. We'll include a permanent link to the most recent edition of the resource in the right-hand panel of our standards page. The summary is also available for financial reporting periods ending on 31 December 2011 and 30 September 2011.

Click for:

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.