AASB publishes compiled standards for 2012-2013 financial year
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.