The Yao Labs Blog
Australian accounting standards in plain language: worked examples, what changed and when, and the judgement calls in between.
One contract, two promises, and a discount. Here is how AASB 15's five-step model turns a messy deal into the right revenue in the right period, worked through with real numbers.
Read →Mandatory climate disclosure has started in Australia under AASB S2. Here is who must report, from when, and what the report has to cover, in plain language.
Read →Under AASB 11 the label on a deal does not decide the accounting. Rights and obligations do. Here is how to classify a joint arrangement and the two methods that follow, in plain language.
Read →A plain language Power Query walkthrough for accountants. Turn a messy bank export into a tidy table that is ready for reconciliation, step by step, in Excel.
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