Welcome to the latest edition of our corporate reporting publication that aims to keep you in the loop with all the latest accounting, financial and sustainability reporting developments, and the potential impact they may have on your business.
In our first issue for 2026, we consider the practical implications of AASB 18’s new subtotals and operating expense analysis requirements, noting that entities must carefully consider their first‑year presentation choices.
We also share insights from early AASB S2 readiness assessments, where a few consistent themes are emerging for first-time climate reporters.
Finally, we provide an update on the near‑final NFP Tier 3 framework and why entities should not assume eligibility until regulators provide clarity.
In this issue:
New Accounting Standard
- A guide to AASB 18: Part 3 New subtotals and operating expense analysis requirements
Sustainability Reporting
- Five critical gaps in AASB S2 readiness and how to close them
Regulatory
- New NFP Tier 3 reporting framework is close – but do not assume eligibility