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AASB 7 - Financial Instruments: Disclosure

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Summary 
Developments, Key Differences & History 
Compared to IFRS 
Interpretations 
Rejection Notices 
Questions & Answers 
Articles 
AASB website
 


 
The following is a list of articles regarding AASB 7 that may be of interest (please note that only members can view Charter articles): 
  • "AIFRS Compliant Speciment Accounts", Reporting & Assurance Team 
     
    Specimen financial reports containing sample AASB 7 dislosures from the the major firms including Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers are available here.
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  • "AASB 7 applies now", Reporting & Assurance Team 
     
    AASB 7 Financial Instruments – Disclosure is mandatorily applicable for financial years beginning on or after 1 January 2007.
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  • Charter March 2008: "AASB 7 is here", Regina Fikkers CA 
     
    Two and a half years since its introduction, AASB 7 is now upon us. The standard aims to help fulfil the IASB’s vision to provide financial statement users with a better understanding of what financial risks companies face and how they manage those risks.
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  • Corporate Reporting Discussion Group September 2007: Presentation slides and attachment, Regina Fikkers CA 
     
    Examples of AASB 7 disclosures.
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  • Charter February 2007: "Are You Ready To Bare Your Soul?", Ashley Rockman CA  
     
    The challenge for preparers to implement a standard that introduces a whole host of new disclosure requirements could easily be underestimated.