Appendix G
Australian Accounting Standards Board pronouncements as at 30 June 2008
Statements of accounting concepts
| Number | Title | Issued |
|---|---|---|
| SAC 1 | Definition of the reporting entity | 8/90 |
| SAC 2 | Objective of general purpose financial reporting | 8/90 |
| Framework | Framework for the Preparation and Presentation of Financial Statements | 7/04 |
Policy statements
| Number | Title | Issued (reissued#) |
|---|---|---|
| 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 |
Accounting Standards
AASB series
| Number | Title | Application date (annual reporting periods) |
Issue date |
|---|---|---|---|
| AASB 1 | First-time Adoption of Australian Equivalents to International Financial Reporting Standards | (beginning) 1 January 2005 | 7/04 |
| AASB 2 | Share-based Payment | (beginning) 1 January 2005 | 7/04 |
| AASB 3 | Business Combinations | (beginning) 1 January 2005 | 7/04 |
| AASB 3 | Business Combinations (revised) | (beginning) 1 July 2009 | 3/08 |
| AASB 4 | Insurance Contracts | (beginning) 1 January 2005 | 7/04 |
| AASB 5 | Non-current Assets held for Sale and Discontinued Operations | (beginning) 1 January 2005 | 7/04 |
| AASB 6 | Exploration for and Evaluation of Mineral Resources | (beginning) 1 January 2005 | 12/04 |
| AASB 7 | Financial Instruments: Disclosures | (beginning) 1 January 2007 | 8/05 |
| AASB 8 | Operating Segments | (beginning) 1 January 2009 | 2/07 |
| AASB 101 | Presentation of Financial Statements | (beginning) 1 January 2005 | 7/04 |
| AASB 101 | Presentation of Financial Statements | (beginning) 1 January 2009 | 9/07 |
| AASB 102 | Inventories | (beginning) 1 January 2005 | 7/04 |
| AASB 107 | Cash Flow Statements | (beginning) 1 January 2005 | 7/04 |
| AASB 108 | Accounting Policies, Changes in Accounting Estimates and Errors | (beginning) 1 January 2005 | 7/04 |
| AASB 110 | Events after the Balance Sheet Date | (beginning) 1 January 2005 | 7/04 |
| AASB 111 | Construction Contracts | (beginning) 1 January 2005 | 7/04 |
| AASB 112 | Income Taxes | (beginning) 1 January 2005 | 7/04 |
| AASB 114 | Segment Reporting | (beginning) 1 January 2005 | 7/04 |
| AASB 116 | Property, Plant and Equipment | (beginning) 1 January 2005 | 7/04 |
| AASB 117 | Leases | (beginning) 1 January 2005 | 7/04 |
| AASB 118 | Revenue | (beginning) 1 January 2005 | 7/04 |
| AASB 119 | Employee Benefits | (beginning) 1 January 2006 | 12/04 |
| AASB 120 | Accounting for Government Grants and Disclosure of Government Assistance | (beginning) 1 January 2005 | 7/04 |
| AASB 121 | The Effects of Changes in Foreign Exchange Rates | (beginning) 1 January 2005 | 7/04 |
| AASB 123 | Borrowing Costs | (beginning) 1 January 2005 | 7/04 |
| AASB 123 | Borrowing Costs | (beginning) 1 January 2009 | 6/07 |
| AASB 124 | Related Party Disclosures | (ending) 31 December 2005 | 12/05 |
| AASB 127 | Consolidated and Separate Financial Statements | (beginning) 1 January 2005 | 7/04 |
| AASB 127 | Consolidated and Separate Financial Statements | (beginning) 1 July 2009 | 3/08 |
| AASB 128 | Investments in Associates | (beginning) 1 January 2005 | 7/04 |
| AASB 129 | Financial Reporting in Hyperinflationary Economies | (beginning) 1 January 2005 | 7/04 |
| AASB 131 | Interests in Joint Ventures | (beginning) 1 January 2005 | 7/04 |
| AASB 132 | Financial Instruments: Disclosure and Presentation | (beginning) 1 January 2005 | 7/04 |
| AASB 133 | Earnings per Share | (beginning) 1 January 2005 | 7/04 |
| AASB 134 | Interim Financial Reporting | (beginning) 1 January 2005 | 7/04 |
| AASB 136 | Impairment of Assets | (beginning) 1 January 2005 | 7/04 |
| AASB 137 | Provisions, Contingent Liabilities and Contingent Assets | (beginning) 1 January 2005 | 7/04 |
| AASB 138 | Intangible Assets | (beginning) 1 January 2005 | 7/04 |
| AASB 139 | Financial Instruments: Recognition and Measurement | (beginning) 1 January 2005 | 7/04 |
| AASB 140 | Investment Property | (beginning) 1 January 2005 | 7/04 |
| AASB 141 | Agriculture | (beginning) 1 January 2005 | 7/04 |
| AASB 1004 | Contributions | (beginning) 1 January 2005 | 7/04 |
| AASB 1004 | Contributions | (beginning) 1 July 2008 | 12/07 |
| AASB 1023 | General Insurance Contracts | (beginning) 1 January 2005 | 7/04 |
| AASB 1031 | Materiality | (beginning) 1 January 2005 | 7/04 |
| AASB 1038 | Life Insurance Contracts | (beginning) 1 January 2005 | 7/04 |
| AASB 1039 | Concise Financial Reports | (ending) 30 June 2005 | 4/05 |
| AASB 1045 | Land Under Roads: Amendments to AAS 27A, AAS 29A and AAS 31A | (ending) 31 December 2002 | 2/02 |
| AASB 1048 | Interpretation and Application of Standards | (ending) 31 March 2007 | 3/07 |
| AASB 1048 | Interpretation and Application of Standards | (ending) 30 September 2007 | 9/07 |
| AASB 1049 | Financial Reporting of General Government Sectors by Governments | (beginning) 1 July 2008 | 9/06 |
| AASB 1049 | Whole of Government and General Government Sector Financial Reporting | (beginning) 1 July 2008 | 10/07 |
| AASB 1050 | Administered Items | (beginning) 1 July 2008 | 12/07 |
| AASB 1051 | Land Under Roads | (beginning) 1 July 2008 | 12/07 |
| AASB 1052 | Disaggregated Disclosures | (beginning) 1 July 2008 | 12/07 |
| AASB 2004-1 | Amendments to Australian Accounting Standards [AASB 1, AASB 116 and AASB 138] | (beginning) 1 January 2005 | 12/04 |
| AASB 2004-2 | Amendments to Australian Accounting Standards [AASB 1, AASB 121, AASB 131, AASB 134, AASB 139 and AASB 141] | (beginning) 1 January 2005 | 12/04 |
| AASB 2004-3 | Amendments to Australian Accounting Standards [AASB 1, AASB 101 and AASB 124] | (beginning) 1 January 2006 | 12/04 |
| AASB 2005-1 | Amendments to Australian Accounting Standard [AASB 139] | (beginning) 1 January 2006 | 5/05 |
| AASB 2005-2 | Amendments to Australian Accounting Standard [AASB 1023] | (beginning) 1 January 2005 | 6/05 |
| AASB 2005-3 | Amendments to Australian Accounting Standards [AASB 119] | (ending) 31 December 2005 | 6/05 |
| AASB 2005-4 | Amendments to Australian Accounting Standards [AASB 1, AASB 132, AASB 139, AASB 1023 and AASB 1038] | (beginning) 1 January 2006 | 6/05 |
| AASB 2005-5 | Amendments to Australian Accounting Standards [AASB 1 and AASB 139] | (beginning) 1 January 2006 | 6/05 |
| AASB 2005-6 | Amendments to Australian Accounting Standards [AASB 3] | (beginning) 1 January 2006 | 6/05 |
| AASB 2005-7 | Amendments to Australian Accounting Standards [AASB 134] | (ending) 30 June 2005 | 6/05 |
| AASB 2005-8 | Amendments to Australian Accounting Standards [AASB 1] | (beginning) 1 January 2006 | 6/05 |
| AASB 2005-9 | Amendments to Australian Accounting Standards [AASB 4, AASB 1023, AASB 132 and AASB 139] | (beginning) 1 January 2006 | 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] | (beginning) 1 January 2007 | 9/05 |
| AASB 2005-11 | Amendments to Australian Accounting Standards [AASB 101, AASB 112, AASB 132, AASB 133, AASB 139 and AASB 141] | (ending) 31 December 2005 | 9/05 |
| AASB 2005-12 | Amendments to Australian Accounting Standards [AASB 1023 and AASB 1038] | (ending) 31 December 2005 | 12/05 |
| AASB 2005-13 | Amendments to Australian Accounting Standards [AAS 25] | (ending) 31 December 2005 | 12/05 |
| AASB 2006-1 | Amendments to Australian Accounting Standards [AASB 121] | (ending) 31 December 2006 | 1/06 |
| AASB 2006-2 | Amendments to Australian Accounting Standards [AASB 1] | (ending) 30 June 2006 | 3/06 |
| AASB 2006-3 | Amendments to Australian Accounting Standards [AASB 1045] | (ending) 31 December 2005 | 10/06 |
| AASB 2006-4 | Amendments to Australian Accounting Standards [AASB 134] | (ending) 31 December 2006 | 12/06 |
| AASB 2007-1 | Amendments to Australian Accounting Standards arising from Interpretation 11 [AASB 2] | (beginning) 1 March 2007 | 2/07 |
| AASB 2007-2 | Amendments to Australian Accounting Standards arising from Interpretation 12 [AASB 1, AASB 117, AASB 118, AASB 120, AASB 121, AASB 127, AASB 131 and AASB 139] | (beginning) 1 January 2008 | 2/07 |
| AASB 2007-3 | Amendments to Australian Accounting Standards arising from AASB 8 [AASB 5, AASB 6, AASB 102, AASB 107, AASB 119, AASB 127, AASB 134, AASB 136, AASB 1023 and AASB 1038] | (beginning) 1 January 2009 | 2/07 |
| AASB 2007-4 | Amendments to Australian Accounting Standards arising from ED 151 and other amendments [AASB 1, AASB 2, AASB 3, AASB 4, AASB 5, AASB 6, AASB 7, AASB 102, AASB 107, AASB 108, AASB 110, AASB 112, AASB 114, AASB 116, AASB 117, AASB 118, AASB 119, AASB 120, AASB 121, AASB 127, AASB 128, AASB 129, AASB 130, AASB 131, AASB 132, AASB 133, AASB 134, AASB 136, AASB 137, AASB 138, AASB 139, AASB 141, AASB 1023 and AASB 1038] | (beginning) 1 July 207 | 4/07 |
| AASB 2007-5 | Amendments to Australian Accounting Standards — Inventories Held for Distribution by Not-for-Profit Entities [AASB 102] | (beginning) 1 July 2007 | 5/07 |
| AASB 2007-6 | Amendments to Australian Accounting Standards arising from AASB 123 [AASB 1, AASB 101, AASB 107, AASB 111, AASB 116, AASB 138 and Interpretations 1 and 12] | (beginning) 1 January 2009 | 6/07 |
| AASB 2007-7 | Amendments to Australian Accounting Standards [AASB 1, AASB 2, AASB 4, AASB 5, AASB 107 and AASB 128] | (beginning) 1 July 2007 | 6/07 |
| AASB 2007-8 | Amendments to Australian Accounting Standards arising from AASB 101 | (beginning) 1 January 2009 | 9/07 |
| AASB 2007-9 | Amendments to Australian Accounting Standards arising from Review of AASs 27, 29 and 31 | (beginning) 1 July 2008 | 12/07 |
| AASB 2007-10 | Further Amendments to Australian Accounting Standards arising from AASB 101 | (beginning) 1 January 2009 | |
| AASB 2008-1 | Amendments to Australian Accounting Standard — Share-based Payment: Vesting Conditions and Cancellations [AASB 2] | (beginning) 1 January 2009 | 2/08 |
| AASB 2008-2 | Amendments to Australian Accounting Standards — Puttable Financial Instruments and Obligations arising on Liquidation [AASB 7, AASB 101, AASB 132 & AASB 139 and Interpretation 2] | (beginning) 1 January 2009 | 3/08 |
| AASB 2008-3 | Amendments to Australian Accounting Standards arising from AASB 3 and AASB 127 [AASBs 1, 2, 4, 5, 7, 101, 107, 112, 114, 116, 121, 128, 131, 132, 133, 134, 136, 137, 138 & 139 and Interpretations 9 & 107] | (beginning) 1 July 2009 | 3/08 |
| AASB 2008-4 | Amendments to Australian Accounting Standard — Key Management Personnel Disclosures by Disclosing Entities [AASB 124] | (ending) 30 June 2008 | 6/08 |
AAS series
| Number | Title | Application date (annual reporting periods) |
Issue date |
|---|---|---|---|
| AAS 25 | Financial Reporting by Superannuation Plans | (ending) 30 June 1993 | 3/93 |
| AAS 27 | Financial Reporting by Local Governments | (ending) 30 June 1996 | 6/96 |
| AAS 27A | Amendments to the Transitional Provisions in AAS 27 | (ending) 31 December 1999 | 12/99 |
| AAS 29 | Financial Reporting by Government Departments | (ending) 30 June 1998 | 6/98 |
| AAS 29A | Amendments to the Transitional Provisions in AAS 29 | (ending) 31 December 1999 | 12/99 |
| AAS 31 | Financial Reporting by Governments | (ending) 30 June 1999 | 6/98 |
| AAS 31A | Amendments to the Transitional Provisions in AAS 31 | (ending) 31 December 1999 | 12/99 |
Interpretations
Australian Interpretations corresponding to International Financial Reporting Interpretations Committee Interpretations
| 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 |
| 4 | Determining whether an Arrangement contains a Lease (revised) | (beginning) 1 January 2008 | 2/07 |
| 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 |
| 10 | Interim Financial Reporting and Impairment | (beginning) 1 November 2006 | 9/06 |
| 11 | AASB 2 — Group and Treasury Share Transactions | (beginning) 1 March 2007 | 2/07 |
| 12 | Service Concession Arrangements | (beginning) 1 January 2008 | 2/07 |
| 13 | Customer Loyalty Programmes | (beginning) 1 July 2008 | 8/07 |
| 14 | AASB 119 — The Limit on a Defined Benefit Asset, Minimum Funding Requirements and their Interaction | (beginning) 1 January 2008 | 8/07 |
| 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 | 2/07 |
| 129 | Service Concession Arrangements: Disclosures (revised) | (beginning) 1 January 2008 | 2/07 |
| 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 |
Other Australian Interpretations
| 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 |
1003 |
Australian Petroleum Rent Resource Tax |
(ending) 30 June 2008 | 11/07 |
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 |
1038 |
Contributions by Owners Made to Wholly-Owned Public Sector Entities (reissued) |
(beginning) 1 July 2008 | 12/07 |