Implementing changes to accounting standards – July 2020

July 17, 2020Survey result

Recent survey results (from the FinPro survey on Professional development) showed that 62% of respondents were concerned about implementing all the changes required for the new accounting standards, namely AASB 15, AASB 16 and AASB 1058.

Taking this onboard, we have developed some guidance to assist members.

FinPro – Changes to Accounting Standards – Available guidance documents – July 2020

This information is provided following consultation with both LGV and VAGO.