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IFRS - Financial Reporting
Our PwC experts give you the latest insights into financial reporting and accounting standards change
- 4 items
New Standards
IFRS 15
The new revenue standard applies to every industry and every business from 1 January 2018. Its wide ranging implications go well beyond the accounting function given revenue affects many crucial business and control processes.
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IFRS 16
For all companies, the new leases standard is either effective already or will become effective during 2019. The new standard introduces fundamental changes to the accounting for leases and will have significant business implications in virtually every industry.
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IFRS 9
The new Financial Instruments standard brings fundamental change to financial instrument accounting. There are a number of decisions and choices to be made at transition to the new standard.
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Not-for-profit Sector
Not-for-profit entities are increasingly wanting to modernise their finance functions to meet current and future needs. We’ve outlined areas of interest for not-for-profit entity finance teams to better anticipate and prepare for change.
Financial Reporting Update
PwC’s complimentary Financial Reporting Update briefings help you stay informed about financial reporting developments that are likely to affect your company’s next set of accounts.
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Partner, Capital Markets and Accounting Advisory Services Leader, PwC Australia
Tel: +61 3 8603 3820
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