Water Information Standards
Water Accounting Standards Board
Introduction
Accounting for volumes and values of water allocated and traded across Australia in a consistent way is necessary for good economic, social and environmental outcomes.
However, the current accounting systems often prevent our outputs and understandings from matching up.
The Water Accounting Standards Board (WASB) is working with the water industry to develop consistent standards for water accounting. We are an independent advisory board to the Bureau of Meteorology.
The Bureau will use the new Exposure Draft of Australian Water Accounting Standards (ED AWAS 1) when preparing the National Water Account 2010.
Information sheet
For an overview of water accounting, download the Bureau's Information Sheet 8: Accounting for Australia's Water (PDF 484 KB).
What's new?
WASB International
water accounting
Water Accounting Standards Board: International water accounting
Consistent with its terms of reference, WASB requested WASBO to undertake a desktop review of relevant water accounting and reporting activities around the world, to analyse the opportunities to develop linkages with similar bodies and to present the results in an internal report to WASB. In the interests of transparency and knowledge exchange, WASB has elected to publish this report.
ED AWAS 1
The Exposure Draft of Australian Water Accounting Standard 1 (ED AWAS 1) is now available for voluntary adoption and feedback.
To provide feedback on the ED AWAS 1, either send an email to wasbo@bom.gov.au, or use the online feedback tool.
In this section
The following pages comprise the WASB section of this site:
Independent views
The WASB section of this website contains some discussion and draft content that represents our independent views. It may not have been endorsed by all parties to the National Water Initiative (PDF 348KB)
Unless otherwise noted, all material on this page is licensed under the Creative Commons Attribution Australia Licence