Governance Characteristics
Annual Report Requirements
Corporate Plan Requirements
Current Budget Characteristics
Outcome #1: Developing, issuing and maintaining accounting standards, and developing sustainability standards, and related reporting requirements that apply to Australian entities subject to a statutory or other obligation to prepare financial reports and other external reports that are integral to understanding the entities' financial and sustainability-related information
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Office of the Australian Accounting Standards Board Program 1.1 | Office of the Australian Accounting Standards Board (AASB) | Office of the Australian Accounting Standards Board The key strategies to achieve Outcome 1 are: * Developing, issuing and maintaining principles-based Australian accounting and external reporting standards and guidance that meet user needs and enhance external reporting consistency and quality* Contributing to the development of a single set of accounting and external reporting standards for world-wide use |
Outcome #1: The formulation and making of accounting standards that are used by Australian entities to prepare financial reports and enable users of these reports to make informed decisions
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Office of the Australian Accounting Standards Board Program 1.1 | Office of the Australian Accounting Standards Board (AASB) | The key strategies to achieve Outcome 1 are: Develop, issue and maintain principles-based Australian accounting and external reporting standards and guidance that meet user needs and enhance external reporting consistency and quality; Contribute to the development of a single set of accounting and external reporting standards for world-wide use. |