Appendix G
AASB and UIG pronouncements as at 30 June 2004
Statements of accounting concepts
No |
Title |
Issued |
SAC 1 |
Definition of the reporting entity |
8/90 |
SAC 2 |
Objective of general purpose financial reporting |
8/90 |
SAC 3 |
Qualitative characteristics of financial information |
8/90 |
SAC 4 |
Definition and recognition of the elements of financial statements |
#3/95 |
Policy statements
Title |
Issued | |
PS 1 |
The development of statements of accounting concepts and accounting standards |
7/93 |
PS 2 |
The AASB consultative group |
#6/01 |
PS 3 |
AASB project advisory panels |
#6/01 |
PS 4 |
International convergence and harmonisation policy |
#4/02 |
PS 5 |
The nature and purpose of statements of accounting concepts |
#7/01 |
AASB and AAS-series accounting standards
AASB |
AAS |
Title |
Issued |
1001 |
6 |
Accounting policies |
#3/99 |
1002 |
8 |
Events occurring after reporting date |
#10/97 |
1004 |
15 |
Revenue |
#6/98 |
1005 |
— |
Segment reporting |
#8/00 |
1006 |
19 |
Interests in joint ventures |
#12/98 |
1008 |
17 |
Leases |
#10/98 |
1009 |
11 |
Construction contracts |
#12/97 |
1010 |
10 |
Recoverable amount of non-current assets |
#12/99 |
1011 |
13 |
Accounting for research and development costs |
5/87 |
1012 |
— |
Foreign currency translation |
#11/00 |
1013 |
18 |
Accounting for goodwill |
#6/96 |
1014 |
23 |
Set-off and extinguishment of debt |
#12/96 |
1015 |
21 |
Acquisitions of assets |
#11/99 |
1016 |
14 |
Accounting for investments in associates |
#8/98 |
Accounting for investments in associates |
5/97 |
||
1016A |
— |
Amendments to accounting standard AASB 1016 |
10/98 |
1017 |
Related party disclosures |
#2/97 |
|
22 |
Related party disclosures |
5/93 |
|
1018 |
— |
Statement of financial performance |
#6/02 |
1019 |
2 |
Inventories |
#3/98 |
1020 |
3 |
Income taxes |
#12/99 |
1020A |
— |
Amendments to accounting standard AASB 1020 and Australian accounting standard AAS 3 |
#6/02 |
1020B |
— |
Amendments to accounting standard AASB 1020 and Australian accounting standard AAS 3 |
11/02 |
1021 |
4 |
Depreciation |
#8/97 |
1022 |
7 |
Accounting for the extractive industries |
10/89 |
1023 |
26 |
Financial reporting of general insurance activities |
#11/96 |
1024 |
24 |
Consolidated accounts |
#5/92 |
1025 |
— |
Application of the reporting entity concept and other amendments |
7/91 |
1026 |
28 |
Statement of cash flows |
#10/97 |
1027 |
— |
Earnings per share |
#6/01 |
1028 |
— |
Employee benefits |
#6/01 |
1029 |
— |
Interim financial reporting |
#10/00 |
1030 |
— |
Application of accounting standards to financial year accounts and consolidated accounts of disclosing entities other than companies |
12/94 |
1031 |
5 |
Materiality |
9/95 |
1032 |
32 |
Specific disclosures by financial institutions |
12/96 |
1033 |
33 |
Presentation and disclosure of financial instruments |
#10/99 |
1034 |
37 |
Financial report presentation and disclosures |
#10/99 |
1036 |
34 |
Borrowing costs |
12/97 |
1037 |
35 |
Self-generating and regenerating assets |
8/98 |
1037A |
35A |
Amendments to accounting standard AASB 1037 |
7/99 |
1038 |
— |
Life insurance business |
11/98 |
1039 |
— |
Concise financial reports |
#6/02 |
1040 |
36 |
Statement of financial position |
10/99 |
1041 |
— |
Revaluation of non-current assets |
#7/01 |
1042 |
— |
Discontinuing operations |
8/00 |
1043 |
— |
Changes to the application of AASB and AAS standards and other amendments |
12/00 |
1044 |
— |
Provisions, contingent liabilities and contingent assets |
10/01 |
1045 |
Land under roads: amendments to AAS 27A, AAS 29A and AAS 31A |
10/02 |
|
— |
25 |
Financial reporting by superannuation plans |
3/93 |
— |
27 |
Financial reporting by local governments |
#6/96 |
— |
27A |
Amendments to the transitional provisions in AAS 27 |
12/99 |
— |
29 |
Financial reporting by government departments |
#6/98 |
— |
29A |
Amendments to the transitional provisions in AAS 29 |
12/99 |
— |
31 |
Financial reporting by governments |
6/98 |
— |
31A |
Amendments to the transitional provisions in AAS 31 |
12/99 |
1046 |
Director and executive disclosures by disclosing entities |
1/04 |
|
1047 |
Disclosing the impacts of adopting Australian equivalents to international financial reporting standards |
4/04 |
Accounting interpretations
No |
Title |
Issued |
AI 1 |
Amortisation of identifiable intangible assets |
6/99 |
AI 2 |
Transition to AASB equivalents of IASB standards and applying the hierarchy of pronouncements in AASB 1001 and AAS 6 |
5/03 |
UIG Abstracts
Abstract |
Title |
Issued |
1 |
Lessee accounting for surplus leased space under a non-cancelable operating lease |
6/95 |
3 |
Lessee accounting for lease incentives under a non-cancelable operating lease |
8/95 |
4 |
Disclosure of accounting policies for restoration obligations in the extractive industries |
8/95 |
7 |
Accounting for non-current assets — derecognition of intangible assets and change in the basis of measurement of a class of assets |
3/96 |
9 |
Accounting for acquisitions — recognition of acquired tax losses |
6/96 |
10 |
Accounting for acquisitions — gold mining companies |
11/96 |
11 |
Accounting for contributions of, or contributions for the acquisition of, non-current assets |
12/96 |
13 |
The presentation of the financial report of entities whose securities are ‘stapled’ |
#5/00 |
14 |
Directors’ remuneration |
6/97 |
16 |
Accounting for share buy-backs |
1/98 |
17 |
Developer and customer contributions in price regulated industries |
5/98 |
19 |
The superannuation contributions surcharge |
7/98 |
20 |
Equity accounting — elimination of unrealised profits and losses on transactions with associates |
10/98 |
21 |
Consistency — different cost formulas for inventories |
10/98 |
22 |
Accounting for the buy-back of no par value shares |
11/98 |
23 |
Transaction costs arising on the issue or intended issue of equity instruments |
#6/00 |
24 |
Equity accounting — carrying amount of an investment in an associate |
11/98 |
25 |
Redesignation of hedges |
#12/00 |
27 |
Designation as hedges — sold (written) options |
7/99 |
28 |
Consolidation — special purpose entities |
7/99 |
29 |
Early termination of interest rate swaps |
#12/00 |
30 |
Depreciation of long-lived physical assets, including infrastructure assets: condition-based depreciation and other related methods |
1/00 |
31 |
Accounting for the goods and services tax (GST) |
1/00 |
32 |
Designation as hedges — rollover strategies |
#12/00 |
33 |
Hedges of anticipated purchases and sales |
5/00 |
34 |
Acquisitions and goodwill — first-time application of accounting standards |
6/00 |
36 |
Non-monetary contributions establishing a joint venture entity |
12/00 |
37 |
Accounting for website costs |
1/01 |
38 |
Contributions by owners made to wholly-owned public sector entities |
1/01 |
39 |
Effect of tax consolidation proposals on deferred tax
balances |
7/01 |
40 |
Non-reciprocal transfers within an economic entity for monetary or no consideration |
9/01 |
41 |
Fair value of equity instruments issued as purchase consideration |
9/01 |
42 |
Subscriber acquisition costs in the telecommunications industry |
10/01 |
43 |
Classification of financial instruments with conversion options |
11/01 |
44 |
Acquisition of in-process research and development |
3/02 |
45 |
Subsidiary becomes a joint venture entity or an associate |
4/02 |
46 |
Initial foreign currency translation for redomiciled entities |
4/02 |
47 |
Professional indemnity claims liabilities in medical defence organisations |
6/02 |
49 |
Revenue – barter transactions involving advertising services |
8/02 |
50 |
Evaluating the substance of transactions involving the legal form of a lease |
9/02 |
51 |
Recovery of unfunded superannuation of universities |
12/02 |
52 |
Income tax accounting under the tax consolidation system |
12/02 |
53 |
Pre-completion contracts for the sale of residential development properties |
4/03 |
54 |
Defined benefit superannuation disclosures by employers |
#8/03 |
55 |
Accounting for road earthworks |
#5/04 |