New ASIC definition of large proprietary company
For financial years commencing on or after 1 July 2019, the definition for large proprietary companies’ have effectively doubled. 在一个财政年度内，如果一家专有公司至少符合以下两项标准，该公司将被定义为“大型”公司:
- 公司及其控制的任何实体的财政年度综合澳门官方赌场为5000万美元或以上
- 公司及其控制的任何实体在财政年度结束时的合并总资产价值为2500万美元或以上, and
- 该公司及其控制的任何实体在财政年度结束时拥有100名或更多员工.
If an entity meets the definition of a large proprietary company, 实体必须准备并向ASIC提交其财务报告和董事报告.
The financial report must be audited unless ASIC grants relief.
New Australian Accounting Standards
对于以营利为目的的实体来说，有重大影响的三项新澳门赌场官网准则是:
- AASB 9 Financial Instruments
- AASB 15 Revenue from Contracts with Customers
- AASB 16 Leases
如果您想了解更多澳门赌场官网AASB 15和AASB 16以及这些标准如何影响您的实体, please see our previous articles below for further guidance:
In terms of AASB 16 for NFP, 值得注意的是，由于NFP实体在确定胡椒租赁下产生的使用权资产的公允价值方面遇到了困难, 在截至2020年6月30日的财政年度，NFP实体可临时选择按初始确认成本计量使用权资产.
For an NFP entity, 区分AASB 15与AASB 1058适用的关键因素取决于交易是否产生了由足够具体的履行义务而产生的可强制执行的权利和义务. For example, in most instances, 收到的捐款将属于AASB 1058，这是不可强制执行的，可能是完全不可退还的.
A NFP entity that prepares a special purpose financial report, following the issue of AASB 2019-4, will be required to comply with AASB 1054 Australian Additional Disclosures.
Focus of Regulators
从ASIC最近进行的审查来看，一些共同关注的领域包括:
- impairment of assets / asset values
- revenue / receivables recognition
- provisions and estimates given the level of uncertainty
- going concern consideration
As we start to see the wider impact of Covid-19 across our economy, 对于财务报告编制者来说，考虑企业和行业的具体因素是很重要的, overseas exposures, impact on supply chains and customers, and incorporate relevant disclosures into financial reports.
Looking ahead…the end of Special Purpose Financial Reporting
- AASB 1060一般目的财务报表-营利和非营利实体的简化披露
- AASB 2020-2取消某些营利性私营部门实体的特殊目的财务报表
The entities impacted will include:
- large proprietary companies
- unlisted public companies (other than companies limited by guarantee)
- financial services licensees
- small proprietary companies controlled by a foreign company
- small proprietary companies with crowd-sourced funding
鼓励各实体尽早采用这些改革，因为下列所有过渡性救济将提供给早期采用者:
- Relief from distinguishing errors and changes in accounting policies
- Relief from comparative information for new disclosures
- Relief from restating comparative information
发布AASB 1060简化披露制度(SDR)以支持AASB 2020-2并取代现有的简化披露制度(RDR)。. 对于已经采用RDR的实体(营利性和非营利性)，我们将看到澳门官方赌场等披露的减少, lessee & lessor disclosures, business combinations. For entities transitioning from SPFR to SDR, 这些主体的披露将有所增加，尤其是在关联方领域, financial instruments, revenue and tax. AASB 1060还引入了澳门赌场官网审计费用和抵扣额的额外披露，这些信息目前在RDR下没有要求.
AASB 1060不适用于第一级GPFR下的实体，我们鼓励您与当地澳门赌场官网 Accru advisor for further details.
