IFRS
We are pleased to provide you with a summary and guidelines to the new IFRS issued by the AASB. In conjunction with RSM Bird Cameron the full series of AASB will be progressively added to this website address.
While every effort has been made to ensure guidelines provide relevant and practical information in the Local Government context, care needs to be exercised when interpreting the information to ensure any conditions peculiar to individual councils are taken into consideration.
It should also be noted that the information provided by FinPro is a guide and where Councils require further interpretation or clarification of the standards they should seek independent advise. FinPro are unable to offer any additional support services to assist with the application of the standards.
External publications
Department of Victorian Communities
http://www.doi.vic.gov.au/localgov - Visit Department of Victorian Communities has lots of resources available showcasing what's new in local government in Victoria and new local government information.
The Local Government Model Financial Report Manual 2011 was updated by CPA Australia for Local Government Victoria (DPCD) and issued in August 2011.
A copy of the Manual is attached.
Download Pdf
