No

Title

Issued
(re-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

Framework

Framework for the Preparation and Presentation of Financial Statements

7/04

No

Title

Issued
(re-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
series

AAS
series

Title

Issued
(re-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

1046A

Amendments to Accounting Standard AASB 1046

9/04

1047

Disclosing the impacts of adopting Australian equivalents to international financial reporting standards

4/04

Number

Title

Issue date

AASB 1

First-time Adoption of Australian Equivalents to International Financial Reporting Standards (July 2004)

7/04

AASB 2

Share-based Payment (July 2004)

7/04

AASB 3

Business Combinations (July 2004)

7/04

AASB 4

Insurance Contracts (July 2004)

7/04

AASB 5

Non-current Assets held for Sale and Discontinued Operations (July 2004)

7/04

AASB 6

Exploration for and Evaluation of Mineral Resources (December 2004)

12/04

AASB 7

Financial Instruments: Disclosures

8/05

AASB 101

Presentation of Financial Statements (July 2004)

7/04

AASB 102

Inventories (July 2004)

7/04

AASB 107

Cash Flow Statements (July 2004)

7/04

AASB 108

Accounting Policies, Changes in Accounting Estimates and Errors (July 2004)

7/04

AASB 110

Events after the Balance Sheet Date (July 2004)

7/04

AASB 111

Construction Contracts (July 2004)

7/04

AASB 112

Income Taxes (July 2004)

7/04

AASB 114

Segment Reporting (July 2004)

7/04

AASB 116

Property, Plant and Equipment (July 2004)

7/04

AASB 117

Leases (July 2004)

7/04

AASB 118

Revenue (July 2004)

7/04

AASB 119

Employee Benefits (July 2004)

7/04

AASB 119

Employee Benefits (December 2004)

7/04

AASB 120

Accounting for Government Grants and Disclosure of Government Assistance (July 2004)

7/04

AASB 121

The Effects of Changes in Foreign Exchange Rates (July 2004)

7/04

AASB 123

Borrowing Costs (July 2004)

7/04

AASB 124

Related Party Disclosures

7/04

AASB 124

Related Party Disclosures

12/05

AASB 127

Consolidated and Separate Financial Statements (July 2004)

7/04

AASB 128

Investments in Associates (July 2004)

7/04

AASB 129

Financial Reporting in Hyperinflationary Economies (July 2004)

7/04

AASB 130

Disclosures in the Financial Statements of Banks and Similar Financial Institutions (July 2004)

7/04

AASB 131

Interests in Joint Ventures (July 2004)

7/04

AASB 132

Financial Instruments: Disclosure and Presentation (July 2004)

7/04

AASB 133

Earnings per Share (July 2004)

7/04

AASB 134

Interim Financial Reporting (July 2004)

7/04

AASB 136

Impairment of Assets (July 2004)

7/04

AASB 137

Provisions, Contingent Liabilities and Contingent Assets (July 2004)

7/04

AASB 138

Intangible Assets (July 2004)

7/04

AASB 139

Financial Instruments: Recognition and Measurement (July 2004)

7/04

AASB 140

Investment Property (July 2004)

7/04

AASB 141

Agriculture (July 2004)

7/04

AASB 1004

Contributions (July 2004)

7/04

AASB 1023

General Insurance Contracts (July 2004)

7/04

AASB 1031

Materiality (July 2004)

7/04

AASB 1038

Life Insurance Contracts (July 2004)

7/04

AASB 1039

Concise Financial Reports

5/05

AASB 1045

Land Under Roads: Amendments to AAS 27A, AAS 29A and AAS 31A

2/02

AASB 1046

Director and Executive Disclosures by Disclosing Entities

1/04

AASB 1046A

Amendments to Accounting Standard AASB 1046

9/04

AASB 1047

Disclosing the Impacts of Adopting Australian Equivalents to International Financial Reporting Standards

4/04

AASB 1048

Interpretation and Application of Standards (April 2006)

4/06

AASB 2004-1

Amendments to Australian Accounting Standards [AASB 1, AASB 116 and AASB 138]

12/04

AASB 2004-2

Amendments to Australian Accounting Standards [AASB 1, AASB 121, AASB 131, AASB 134, AASB 139 and AASB 141]

12/04

AASB 2004-3

Amendments to Australian Accounting Standards [AASB 1, AASB 101 and AASB 124]

12/04

AASB 2005-1

Amendments to Australian Accounting Standard [AASB 139]

5/05

AASB 2005-2

Amendments to Australian Accounting Standard [AASB 1023]

6/05

AASB 2005-3

Amendments to Australian Accounting Standards [AASB 119]

6/05

AASB 2005-4

Amendments to Australian Accounting Standards [AASB 1, AASB 132, AASB 139, AASB 1023 and AASB 1038]

6/05

AASB 2005-5

Amendments to Australian Accounting Standards [AASB 1 and AASB 139]

6/05

AASB 2005-6

Amendments to Australian Accounting Standards [AASB 3]

6/05

AASB 2005-7

Amendments to Australian Accounting Standards [AASB 134]

6/05

AASB 2005-8

Amendments to Australian Accounting Standards [AASB 1]

6/05

AASB 2005-9

Amendments to Australian Accounting Standards [AASB 4, AASB 1023, AASB 132 and AASB 139]

9/05

AASB 2005-10

Amendments to Australian Accounting Standards [AASB 1, AASB 4, AASB 1023, AASB 1038, AASB 101, AASB 114, AASB 117, AASB 132, AASB 133 and AASB 139]

9/05

AASB 2005-11

Amendments to Australian Accounting Standards [AASB 101, AASB 112, AASB 132, AASB 133, AASB 139 and AASB 141]

9/05

AASB 2005-12

Amendments to Australian Accounting Standards [AASB 1023 and AASB 1038]

12/05

AASB 2005-13

Amendments to Australian Accounting Standards [AAS 25]

12/05

AASB 2006-1

Amendments to Australian Accounting Standards [AASB 121]

1/06

AASB 2006-2

Amendments to Australian Accounting Standards [AASB 1]

3/06

Number

Title

AAS 25

Financial Reporting by Superannuation Plans (March 1993)

AAS 27

Financial Reporting by Local Governments (June 1996)

AAS 29

Financial Reporting by Government Departments (June 1998)

AAS 31

Financial Reporting by Governments (June 1998)

Number

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

Abstract

Title

Issued
(re-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 [revised]
[revised]

7/01
#9/02
#12/02

40

Non-reciprocal transfers within an economic entity for monetary or noconsideration

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
[revised]
[revised]

12/02
#5/03

#12/03

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

Interpretation

Title

Application date (annual reporting periods)

Issue date

1

Changes in Existing Decommissioning, Restoration and Similar Liabilities

(beginning)
1 January 2005

7/04

2

Members’ Shares in Co-operative Entities and Similar Instruments

(ending)
31 December 2005

3/05

4

Determining whether an Arrangement contains a Lease

(beginning)
1 January 2006

6/05

5

Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds

(beginning)
1 January 2006

6/05

6

Liabilities arising from Participating in a Specific Market – Waste Electrical and Electronic Equipment

(beginning)
1 December 2005

10/05

7

Applying the Restatement Approach under AASB 129 Financial Reporting in Hyperinflationary Economies

(beginning)
1 March 2006

2/06

8

Scope of AASB 2

(beginning)
1 May 2006

3/06

9

Reassessment of Embedded Derivatives

(beginning)
1 June 2006

4/06

107

Introduction of the Euro

(beginning)
1 January 2005

7/04

110

Government Assistance – No Specific Relation to Operating Activities

(beginning)
1 January 2005

7/04

112

Consolidation – Special Purpose Entities

(beginning)
1 January 2005

12/04

113

Jointly Controlled Entities – Non-Monetary Contributions by Venturers

(beginning)
1 January 2005

7/04

115

Operating Leases – Incentives

(beginning)
1 January 2005

7/04

121

Income Taxes – Recovery of Revalued Non-Depreciable Assets

(beginning)
1 January 2005

7/04

125

Income Taxes – Changes in the Tax Status of an Entity or its Shareholders

(beginning)
1 January 2005

7/04

127

Evaluating the Substance of Transactions Involving the Legal Form of a Lease

(beginning)
1 January 2005

7/04

129

Disclosure – Service Concession Arrangements

(beginning)
1 January 2005

7/04

131

Revenue – Barter Transactions Involving Advertising Services

(beginning)
1 January 2005

7/04

132

Intangible Assets – Web Site Costs

(beginning)
1 January 2005

7/04

Interpretation

Title

Application date (annual reporting periods)

Issue date

1001

Consolidated Financial Reports in relation to Pre-Date-of-Transition Dual Listed Company Arrangements

(ending)
31 December 2005

7/05

1002

Post-Date-of-Transition Stapling Arrangements

(ending)
31 December 2005

12/05

1013

Consolidated Financial Reports in relation to Pre-Date-of-Transition Stapling Arrangements

(ending)
31 December 2005

4/05

1017

Developer and Customer Contributions for Connection to a Price-Regulated Network

(beginning)
1 January 2005

11/04

1019

The Superannuation Contributions Surcharge

(beginning)
1 January 2005

9/04

1030

Depreciation of Long-Lived Physical Assets: Condition-Based Depreciation and Related Methods

(beginning)
1 January 2005

9/04

1031

Accounting for the Goods and Services Tax (GST)

(beginning)
1 January 2005

7/04

1038

Contributions by Owners Made to Wholly-Owned Public Sector Entities

(beginning)
1 January 2005

9/04

1039

Substantive Enactment of Major Tax Bills in Australia

(beginning)
1 January 2005

7/04

1042

Subscriber Acquisition Costs in the Telecommunications Industry

(beginning)
1 January 2005

12/04

1047

Professional Indemnity Claims Liabilities in Medical Defence Organisations

(beginning)
1 January 2005

11/04

1052

Tax Consolidation Accounting

(ending)
31 December 2005

6/05

1055

Accounting for Road Earthworks

(beginning)
1 January 2005

9/04