{ "entity_id": "O-000940", "folder": "Office-of-the-Australian-Accounting-Standards-Board", "name": "Office of the Australian Accounting Standards Board", "type": "Non-corporate Commonwealth Entity", "jurisdiction": "Commonwealth", "portfolio": "Treasury", "website": "http://www.aasb.gov.au", "data_status": "rich", "completeness": { "has_strategy_brief": true, "has_strategy_structured": true, "has_vision": false, "has_kpi_targets": true, "has_kpi_results": true, "has_strategy_overview": true, "has_legislation_text": true, "has_legislation_structured": true, "has_global_initiatives_text": true, "has_global_initiatives_structured": true, "n_global_initiatives": 13, "has_ideas": true, "has_artifacts": true, "n_ideas": 8, "n_legislation": 3, "n_artifacts": 14, "n_kpi_targets": 10, "n_kpi_results": 10, "n_outcomes": 3, "verified_own_data": true }, "strategy_profile": { "status": "published", "confidence": "high", "summary": "Contribute to stakeholder confidence in:\n• the Australian economy, including its capital markets,\n• external reporting\n• enhanced credibility of external reporting through independent auditing and assurance by:\nAASB AUASB\nDeveloping, issuing and maintaining principles-based, Australian accounting and external reporting standards that aid in reducing the cost of capital and guidance that meet user and enable Australian entities to compete effectively, both domestically and internationally, by enhancing audit and assurance consistency and quality.\nContributing to the development of a single set of auditing and external reporting standards for world-wide use.", "official_site_url": "http://www.aasb.gov.au", "source_documents": [ { "type": "corporate_plan", "title": "Corporate Plan 2025-26", "url": "http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf", "period": "2025-26", "confidence": "high" }, { "type": "corporate_plan", "title": "Corporate Plan 2024-25", "url": "http://www.aasb.gov.au/media/iszdgoex/aasb-auasb_corporateplan2024-25.pdf", "period": "2024-25", "confidence": "high" }, { "type": "corporate_plan", "title": "Corporate Plan 2023-24", "url": "http://www.aasb.gov.au/media/ji1ixwgp/aasb-auasb_corporateplan2023-24_22082024.pdf", "period": "2023-24", "confidence": "high" }, { "type": "corporate_plan", "title": "Corporate Plan 2022-23", "url": "http://www.aasb.gov.au/media/nzad0pc1/aasb-auasb_corporateplan2022-23.pdf", "period": "2022-23", "confidence": "high" }, { "type": "corporate_plan", "title": "Corporate Plan 2021- 22", "url": "http://www.aasb.gov.au/media/wuqlur2e/aasb-auasb_corporateplan_2021-22.pdf", "period": "2021-22", "confidence": "high" }, { "type": "strategie", "title": "AASB Strategy 2025-26", "url": "http://www.aasb.gov.au/media/qdglztqv/aasb-auasb_strategy2025-26.pdf", "period": "2025-26", "confidence": "medium" }, { "type": "strategie", "title": "AASB Strategy, 2024-25", "url": "http://www.aasb.gov.au/media/1ksfawrj/aasb-auasb_strategy2024-25.pdf", "period": "2024-25", "confidence": "medium" }, { "type": "strategie", "title": "AASB Strategy, 2022-23", "url": "http://www.aasb.gov.au/media/whbjunq0/aasb-auasb_strategy2022-23.pdf", "period": "2022-23", "confidence": "medium" }, { "type": "strategie", "title": "FAQs: AASB Strategy", "url": "http://www.aasb.gov.au/admin/file/content102/c3/AASB_AUASB_Strategy_2017-2021_FAQs.pdf", "period": "2017", "confidence": "medium" } ], "purpose": { "text": "Contribute to stakeholder confidence in:\n• the Australian economy, including its capital markets,\n• external reporting\n• enhanced credibility of external reporting through independent auditing and assurance by:\nAASB AUASB\nDeveloping, issuing and maintaining principles-based, Australian accounting and external reporting standards that aid in reducing the cost of capital and guidance that meet user and enable Australian entities to compete effectively, both domestically and internationally, by enhancing audit and assurance consistency and quality.\nContributing to the development of a single set of auditing and external reporting standards for world-wide use.", "source_url": "http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf", "source_page": 13, "source_deep_url": "http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf#page=13" }, "vision": null, "strategic_priorities": [ { "title": "Develop, issue and maintain principles-based, Australian accounting and reporting standards and guidance that meet the n", "description": "Develop, issue and maintain principles-based, Australian accounting and reporting standards and guidance that meet the needs of external report users (including financial reports) and are capable of being assured and enforced. 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"http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf#page=14" }, { "title": "Actively influence IASB, IPSASB standards and other international accounting and external reporting standards and guidan", "description": "Actively influence IASB, IPSASB standards and other international accounting and external reporting standards and guidance, by demonstrating thought leadership and enhancing key international relationships.", "source_url": "http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf", "source_page": 14, "source_deep_url": "http://www.aasb.gov.au/media/jdldx3bd/aasb-auasb_corporateplan2025-26_08-25.pdf#page=14" }, { "title": "Attain significant levels of key stakeholder engagement, through collaboration, partnerships and outreach.", "description": "Attain significant levels of key stakeholder engagement, through collaboration, partnerships and outreach.", "source_url": 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"find_more_url": "https://www.google.com/search?q=IASB+Emerging+Issues+Task+Force" }, { "name": "Technology and Innovation Task Force", "focus_area": "Emerging issues monitoring", "jurisdiction": "Canada", "run_by": "Canadian Institute of Chartered Accountants (CICA)", "year": "2010", "status": "Active", "what_it_does": "The task force focuses on how technological advancements impact accounting standards and financial reporting.", "why_relevant": "", "find_more_title": "Search CICA Technology Task Force", "find_more_url": "https://www.google.com/search?q=CICA+Technology+Task+Force" }, { "name": "IFRS Foundation’s Education Program", "focus_area": "Guidance and education", "jurisdiction": "International", "run_by": "IFRS Foundation", "year": "2002", "status": "Active", "what_it_does": "The program provides educational resources and training to enhance understanding and application of IFRS standards globally.", "why_relevant": "", "find_more_title": "Search IFRS Foundation Education", "find_more_url": "https://www.google.com/search?q=IFRS+Foundation+Education" }, { "name": "Accounting Education Program", "focus_area": "Guidance and education", "jurisdiction": "US", "run_by": "American Institute of CPAs (AICPA)", "year": "1947", "status": "Active", "what_it_does": "The AICPA’s program offers various educational resources and training to enhance accounting professionals’ knowledge and skills.", "why_relevant": "", "find_more_title": "Search AICPA Accounting Education", "find_more_url": "https://www.google.com/search?q=AICPA+Accounting+Education" } ], "count": 13 }, "strategy": { "reporting_period": "2024-25", "corporate_plan_period": "2025-26", "vision": null, "vision_source_page": null, "purposes": "Contribute to stakeholder confidence in:\n• the Australian economy, including its capital markets,\n• external reporting\n• enhanced credibility of external reporting through independent auditing and assurance by:\nAASB AUASB\nDeveloping, issuing and maintaining 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