AICD and AUASB release 'going concern' publication to assist directors: Published 12 Jun 2009
In response to the difficulties and uncertain economic conditions being faced by Australian companies and other entities, the AICD and the AUASB have issued a publication Going Concern issues in financial reporting: a guide for companies and directors, which explains the concept of ‘going concern’ and assists company directors in performing and reporting on their going concern assessment. More >

Essential Guidance for the 2009 Financial Year End: Published 22 May 2009
As the 2009 financial year-end approaches, the Institute has prepared a practical guide to address significant issues and areas that preparers, audit committees and auditors need to consider in undertaking their professional responsibilities. More >

AASB releases AASB 2009-2 and 2009-3: Published 04 May 2009
The AASB has issued AASB 2009-2 Amendments to Australian Accounting Standards – Improving Disclosures about Financial Instruments and AASB 2009-3 Amendments to Australian Accounting Standards – Embedded Derivatives. More >

Joint accounting bodies’ submission on FASB fair value and impairment proposals: Published 04 May 2009
The Joint Accounting Bodies have lodged a final submission to the IASB on Request for Views on Proposed FASB (Financial Accounting Standards Board) Amendments on Fair Value Measurement and Proposed FASB Amendments to Impairment Requirements for Certain Investments in Debt and Equity Securities. More >

Audit links on current economic conditions: Published 13 Mar 2009
A series of links have been added to the Institute's current economic conditions page. More >

Q&As on the global economic downturn: Published 08 Oct 2008
Question & Answers More >

The Institute's report on sub-prime mortgage crisis: Published 23 May 2008
The report is titled “The collapse of the US sub-prime mortgage market – Understanding the impacts under IFRS” and is now available for download More >

Articles on the global economic downturn: Published 28 Oct 2008
List of Charter and assorted articles concerning the global economic downturn More >