Shayne Neumann (Blair, Australian Labor Party) Share this | Hansard source

I rise to speak in support of Governance Review Implementation (AASB and AUASB) Bill 2008. The bill seeks to amend the Australian Securities and Investments Commission Act 2001. The bill will improve the governance framework and financial arrangements of the Australian Accounting Standards Board, known as the AASB, and the Auditing and Assurance Standards Board—I will get this right; the acronyms are strange—known as the AUASB. I will call them the boards.

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