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Ever wondered how the Queensland Audit Office chooses what to audit? We’ve just published our new 3-year forward work plan, which explains what we are auditing, when, and why.
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This checklist covers some key questions you should consider.
Regarding your entity and the transition to AASB 15 Revenue and AASB 1058 Income of Not-For-Profit Entities:
As technology opens doors for increased efficiency, connectivity, and sharing, it opens our work and home to cyber risk. The controls we implement to address these cyber risks are often referred to as cyber security.
AASB 15 applies to both for-profit and not-for-profit entities. For-profit entities must apply AASB 15 for financial years beginning on, or after, 1 January 2018.
We host events each year to raise awareness of emerging issues related to public sector and local government performance.
We have completed part one of our ‘renos’ and can’t wait to show you our new look.
Are you ready?
Accounting standard AASB 9 Financial Instruments has started. It started 1 January 2018 if you have a December year end, and started 1 July 2018 if you have a June year end.
AASB 15 applies to both for-profit and not-for-profit entities. For-profit entities must apply AASB 15 for financial years beginning on, or after, 1 January 2018.
This checklist covers some key questions you should consider.
Regarding your entity and the transition to AASB 9 Financial instruments: