Australia

News Item

Australia urged to mandate digital reporting to boost market transparency

Chartered Accountants Australia and New Zealand (CA ANZ) has released a compelling new report highlighting the need for mandatory digital reporting in Australia. While other major economies have moved to structured, machine-readable financial disclosures, Australia still relies on PDFs—leaving investors with limited access to consistent, usable data.

News Item

AustraliaIASBMalaysiaReportingsegment

Research report calls for enhanced segment and sustainability-related disclosures

By Editor

A new research report from the Australian Accounting Standards Board (AASB), Malaysian Accounting Standards Board (MASB), and CPA Australia provides timely insight into key accounting challenges that stakeholders believe the International Accounting Standards Board (IASB) should tackle in its next agenda consultation.

News Item

AustraliaInline XBRLNew ZelandSustainability reporting

Will sustainability reporting finally kickstart XBRL in Australia and New Zealand?

By Editor

We liked a post from Dutch Inline XBRL specialists Tangelo this week. For over a decade, Australian companies have had the option to file financial reports in XBRL – and guess what? Not a single ASX-listed company has taken up the offer.

News Item

AASBAustraliaESGResource

AASB launches resource hub to support climate reporting

By Editor

The Australian Accounting Standards Board (AASB) has launched the AASB S2 Knowledge Hub to support the implementation of mandatory climate-related disclosures under AASB S2. The hub, introduced in May 2025, is designed to guide entities preparing sustainability-related financial disclosures under Australia’s new reporting framework.

News Item

AustraliaCA ANZDigital

Australia urged to accelerate move to digital financial reporting

By Editor

The use of XBRL in Australia is currently voluntary, but that might be set to change. Chartered Accountants Australia and New Zealand (CA ANZ) has called on the government to mandate digital financial reporting for listed companies, arguing that structured, machine-readable data would improve efficiency and align Australia with global best practices.

News Item

AASBAustraliaESG

Australia aligns climate disclosures with international standards after extensive consultation

By Editor

Last week Australia passed legislation that mandates climate-related financial disclosures for large entities.

News Item

AustraliaESGISSB

Australia publishes draft ESG reporting law

By Editor

Following a consultation last year, the Australian Government Treasury has introduced draft legislation mandating comprehensive climate-related reporting and assurance for large and medium-sized companies. The legislation is aligned with the International Sustainability Standards Board (ISSB) standards.

News Item

AASBAustraliaMaterialityPS2

AASB shines a light on materiality in financial reporting

By Editor

Materiality, a linchpin in financial reporting, has garnered renewed attention from the Australian Accounting Standards Board (AASB). Two recent publications shine a light on the application of materiality by preparers and auditors, revealing a need for more nuanced approaches that align with user expectations.

News Item

AustraliaESGSustainability

Australia’s sustainable finance strategy

By Editor

The Australian government has launched its Sustainable Finance Strategy, a step toward achieving net-zero emissions. This framework aims to dismantle barriers to sustainable investments, aligning with global environmental goals.

News Item

AustraliaDigitalDigital reporting

Deloitte report urges Australia to embrace digital corporate reporting

By Editor

In a recent report titled “Embracing the power of digital corporate reporting: A mandate for change,” Deloitte Access Economics highlights the urgent need for Australia to adopt digital reporting to streamline and enhance corporate reporting and increase the visibility of its public markets.

Items tagged with "Australia"

Australia urged to mandate digital reporting to boost market transparency

Research report calls for enhanced segment and sustainability-related disclosures

Will sustainability reporting finally kickstart XBRL in Australia and New Zealand?

AASB launches resource hub to support climate reporting

Australia urged to accelerate move to digital financial reporting

Australia aligns climate disclosures with international standards after extensive consultation

Australia publishes draft ESG reporting law

AASB shines a light on materiality in financial reporting

Australia’s sustainable finance strategy

Deloitte report urges Australia to embrace digital corporate reporting

Tags

Australia

Items tagged with "Australia"

Tags

Would you liketo learn more?

Would you like
to learn more?