Question: you are asked to prepare a background report for presentation to other accounting staff to outline: a position statement on the future implications of adopting
you are asked to prepare a background report for presentation to other accounting staff to outline:
a position statement on the future implications of adopting AASB 15 for Australian companies
Guideline
State your opinion/facts about how the implementation of AASB15 will affect Australian companies and what changes will be involved in doing so, you can give specific examples eg. specific industries. Think about what companies will have to do to implement the changes - research this online to see what expert analysis has already has been done on this. You can incorporate that into your report.
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