Australian Water Accounting Standard 1

Australia Current 2010

The Australian Water Accounting Standard 1 (AWAS 1) was published by the Water Accounting Standards Board (WASB). AWAS 1 prescribes the basis for preparing and presenting a General Purpose Water Accounting Report (GPWAR). It sets out requirements for the recognition, quantification, presentation and disclosure of items in a GPWAR. The document also includes three appendices: a list of defined terms; illustrative guidance; and a basis for conclusions outlining the discussion and assumptions that informed its development.



Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All reporting entities

Issuer type

Industry Regulators

Type of instrument


Mandatory or voluntary


The geographical scope


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