AUSTRALIAN COMPANIES have no further excuses for delaying their devises for the transition to International Financial Reporting Standards (IFRS) because the standards are clean according to the Australian Accounting Standards Board (AASB).

AUSTRALIAN COMPANIES have no further excuses for delaying their devises for the transition to International Financial Reporting Standards (IFRS) because the standards are clean according to the Australian Accounting Standards Board (AASB).

The AASB had placed greatest in number of the standards on its website in advance of the self-imposed 30 June deadline, agreed with the oversight visible form [i]or[/i] frame the Financial Reporting Council (FRC) said AASB chairman David Boymal.

Boymal's annotates follow a second attempt on the Australian Institute of Company Directors (AICD) to have the implementation of