In September 2015, the Australian Accounting Standards Board (AASB) announced the reissue of most of its standards and interpretations (pronouncements) that incorporate IFRSs. The purpose of the reissue was solely to make editorial changes.
The purpose of the reissue was solely to make editorial changes. The editorial changes and resulting issue of a new standard, AASB 1057 Application of Australian Accounting Standards, are explained in further detail.
KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.