This Handbook comprises the new AASB Australian Accounting Standards and other relevant Australian GAAP applicable as at 1 January 2009, as well as relevant ethical pronouncements.

Financial Reporting Handbook 2009 continues to provide students and educators with the latest Australian Financial Reporting Standards. Current as of 1 January 2009 the technical editor Claire Locke continues the authoritative commentaries established in earlier editions that offer students an easy to use, and read, volume.

NEW TO THE 2009 EDITION

• The conceptual framework, incorporating SAC 1 Definition of the Reporting Entity, SAC 2 Objective of General Purpose Financial Reporting and the AASB Framework for the Preparation and Presentation of Financial Statements
• AASB accounting standards applicable for the June 2009 reporting season, including the compiled versions of all standards issued during 2008
• Interpretations issued as at 1 January 2009
• Code of ethics and professional conduct.