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Trans-Tasman accounting standards one step closer

Publication date: 8 July 2010

Australia and New Zealand are now one step closer to having a common set of financial reporting standards, as a result of the release of exposure drafts that will amend financial reporting standards in Australia and New Zealand.

Australia and New Zealand are now one step closer to having a common set of financial reporting standards, as a result of the release of exposure drafts that will amend financial reporting standards in Australia and New Zealand – those will be close to International Financial Reporting Standards (IFRS).