AASB publishes compiled standards for 2012-2013 financial year

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09 Aug 2012

The AASB has issued twelve new compiled versions of Standards that apply to annual reporting periods beginning on or after 1 July 2012.

These are new versions of the following Standards:

  • AASB 1 First-time Adoption of Australian Accounting Standards
  • AASB 5 Non-current Assets Held for Sale and Discontinued Operations
  • AASB 7 Financial Instruments: Disclosures
  • AASB 101 Presentation of Financial Statements
  • AASB 112 Income Taxes
  • AASB 120 Accounting for Government Grants and Disclosure of Government Assistance
  • AASB 121 The Effects of Changes in Foreign Exchange Rates
  • AASB 132 Financial Instruments: Presentation
  • AASB 133 Earnings per Share
  • AASB 134 Interim Financial Reporting
  • AASB 1039 Concise Financial Reports
  • AASB 1049 Whole of Government and General Government Sector Financial Reporting.

The compiled versions incorporate the amendments made by a number of recently issued Amending Standards, including a number of not-for-profit specific amendments.

The new compilations are available on the AASB website.

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