Apr 29, 2024 / News

Climate-related disclosures Bill introduced into Parliament

On 27 March 2024 the Federal Government introduced a Bill into Parliament to mandate climate-related financial disclosures in an entity’s annual report. Read more

Accounting Update / Annual Reporting / Audit and Financial Reporting / Compliance

Apr 10, 2024 / News

New tax disclosures in financial reports

The Treasury Laws Amendment (Making Multinationals Pay Their Fair Share – Integrity and Transparency) Act 2024 amends the Corporations Act 2001 to enhance transparency around tax residency of entities within a consolidated group. Read more

Accounting Update / Financial Reporting

Jan 23, 2024 / News

Draft legislation for climate-related disclosures issued

The Treasury has released its climate-related financial disclosure: exposure draft legislation. Read more

Accounting Update / Audit and Assurance / Compliance / Financial Reporting

Nov 22, 2023 / News

Proposed Australian Sustainability Reporting Standards issued

The Australian Government is committed to introducing internationally-aligned mandatory climate related financial reporting beginning with large businesses and financial institutions. As part of this commitment the AASB has released its proposals for Australian equivalents of the International Sustainability Standards Board’s (ISSB) sustainability reporting standards. What are the key proposals, who will they affect and when? Read more

Accounting Update / Audit and Assurance / Sustainable Investing