Thursday 5 December 2019


12:00 pm


1.5 CDP Hours

Session Topic

Lessons from first-year reporting under AASBs 9 and 7 Financial Instruments

Preparers and auditors have been through the first reporting season for AASB 9 Financial Instruments and AASB 7 Financial Instruments: Disclosures. Some were unprepared for their complexities and poor practices resulted. Like other accounting standards, AASB 9 and AASB 7 must be reassessed at each reporting date. This session will focus on:

  • Examples of how companies have implemented these standards
  • The issues that have arisen on their first-time application, and
  • Addressing the ongoing requirements of AASB 9 and AASB 7.
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This session is presented by:

Colin Parker

Principal | GAAP Consulting | Financial Reporting Expert

Colin, Principal of GAAP Consulting, is an expert in financial reporting, auditing and related governance issues, and was previously a member of the Australian Accounting Standards Board.

He has conducted many independent expert and consulting experts reports on professional negligence, and accounting and auditing standards. He is the team leader advisory and litigation services and adviser to GAAP Training and Reportfraud.