AASB
Comprehensive guidance on Australian Accounting Standards (AASB), including recognition, measurement, presentation and disclosure requirements. Access practical explanations, examples, and consolidation guidance to help finance professionals, accountants, and organisations apply AASB requirements accurately and consistently.
AASB 112 Income Taxes in Group Consolidation: A Practical Guide for Australian Multi-Entity Groups
Chen is the finance director of a Sydney-based manufacturing group with four entities. Three years ago, the group formed a…
AASB 16 Leases in Group Consolidation: A Practical Guide for Australian Multi-Entity Groups
David is the CFO of an Australian retail group structured around a common PropCo/OpCo arrangement. The property holding company (PropCo)…
AASB 136 Goodwill Impairment Testing: A Practical Guide for Australian Multi-Entity Groups
Sarah took over as group financial controller for a Melbourne-based healthcare group fourteen months ago. Shortly after she started, she…
AASB Accounting Standard Now Supported in BrizoConsol
For Australian group finance teams, the mismatch has been a persistent irritant. The software asks you to pick your accounting…
AASB 128 Investments in Associates and Joint Ventures: A Practical Guide for Australian Multi-Entity Groups
Helena is the group financial controller for a Sydney-based hospitality group. Eighteen months ago, the group acquired a 35% stake…
AASB 127 Separate Financial Statements: A Practical Guide for Australian Holding Companies
Marcus had been running the books for Apex Holdings Pty Ltd for three years. The holding company had acquired its…
AASB 121 Foreign Currency Translation: A Practical Guide for Australian Multi-Entity Groups
When the auditors reviewed the consolidated accounts of an Australian technology services group, they raised a flag on the New…
AASB 3 Business Combinations: A Practical Guide for Australian Multi-Entity Groups
When Sophie’s Melbourne-based consulting group acquired a smaller competitor for $2.8 million, the deal took six months of negotiation and…
AASB 10 Consolidated Financial Statements: A Practical Guide for Australian Multi-Entity Groups
James had run his family group for fifteen years. What started as a single operations company had grown into six…