With very few entities taking the chance to produce RDR accounts, but taking the special purpose route instead, the AASB has embarked on a program (in conjunction with their NZ counterparts) to reduce the disclosure requirements even further while still providing all relevant information. A couple of the benefits of the push by the AASB are to improve the quality of reports and allow for comparability of information between Tier 2 entities that is not evident in special purpose financial reports.
The AASB ED is open for feedback until 26 May 2017, so if you have some something to say, drop them a line.
- CaseWare September Press Release – Audit & Fraud Software - 17 September 2018
- The 2018 CAANZ Audit Conference – Panel Discussion - 6 May 2018
- CaseWare Australia & New Zealand launches CaseWare Cloud Analytics™ and tackles Big Data - 7 December 2017