This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

AASB research into executive remuneration disclosure requirements

  • AASB (Australian Accounting Standards Board) (lt blue) Image

30 Sep 2021

The Staff of the Australian Accounting Standards Board (AASB) has published 'Review of Executive Remuneration Disclosure Requirements'.

The review was undertaken to understand the current disclosure requirements in relation to executive remuneration that extend beyond disclosures of the total remuneration of key management personnel required under IAS 24 Related Party Disclosures. Australian executive remuneration disclosure requirements were compared to eight overseas jurisdictions for for-profit (listed), not-for-profit and public sector entities to provide further input into the public discussion on this topic.

The research shows that a large number of similarities exist across the jurisdictions, as well as a number of significant differences in the breadth and depth of the information required to be disclosed. Only two jurisdictions (Australia and Germany) currently require the disclosed remuneration information to be audited and only two countries (Australia and South Africa) require the remuneration information presented outside financial statements to be measured in accordance with the relevant accounting standards.

Please click to access the full paper on the AASB website.

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.