Current Board Papers

Below are the public papers for 2025 - 2026 AASB Board Meetings.

Refer to the Prior Board Papers page for access to papers issued 2016 - 2024.

Meeting 5 February 2026. (No. 218)

Agenda Item No.	Document Title
3.1	Initial summary of feedback received from roundtables on section 2 of ITC 56
4.0	Cover Memo – NFP Private Sector Framework Project – Project update, working draft of Tier 3 Standard
4.1	Working Draft of the Tier 3 Standard
4.2	Clean Working Draft of the Tier 3 Standard
5.0	Cover Memo – Conceptual Framework: Not-for-Profit Amendments – Project update and remaining aspects
5.1	Draft Amending Standard AASB 2026-X
6.1	AASB S2: Implementation support and awareness raising
7.1	Research Update
8.1	Documents open for comment to other organisations
9.1	Cover Memo – Other business

Meeting 15 December 2025. (No. 217)

Agenda Item No.	Document Title
3.0	Cover memo - Amendments to AASB S2
3.1	Ballot Draft Amending Standard AASB S2025-X
3.2	Draft Explanatory Statements

Meeting 20 - 21 November 2025. (No. 216)

Agenda Item No.	Document Title
3.1	Revisiting the AASB Work Plan Template
5.0	Cover Memo – Post-implementation Review of AASB 1059 Service Concession Arrangements: Grantors
5.1	Assessment of feedback and evidence obtained
5.2	Summary of main issues and staff preliminary views
6.0	Cover Memo – Overview of the Agenda Consultation process and timeline
6.1	Draft Invitation to Comment
6.2	Decision-making framework and assessment criteria
7.1	Staff paper: Amendments to AASB S2 Climate-related Disclosures
8.1	Research Updates
9.0	Cover Memo - Public Sector Climate Reporting Research Project
9.1	Preliminary research findings and next steps
10.0	Cover Memo – NFP Private Sector Framework Project
10.1	Redeliberation - Effective Date
10.2	Working Draft of the Tier 3 Standard
10.3	Clean Working Draft of the Tier 3 Standard
11.0	Cover Memo – Service Performance Reporting - Next Steps
11.1	Insights from Targeted Stakeholder Outreach
11.2	Overview of AASB-commissioned research
11.3	Progress on SPR Project Plan
12.1	Sustainability Reporting – Horizon scan
13.1	Response to ISSB SASB Exposure Drafts
14.1	Documents open for comment to other organisations
15.0	Cover Memo – Other business

Meeting 7 October 2025. (No. 215)

Agenda Item No.	Document Title
3.0	Cover Memo: Overview of the Agenda Consultation process and timeline
3.1	Decision-making framework and assessment criteria
3.2	Phase 1 Survey
4.1	Staff analysis of the feedback received on ITC 55 (for-profit private sector and other stakeholders that responded to the questions in the IASB's RFI)
4.2	Literature Review
4.4	Written submissions received from for-profit sector and other stakeholders that responded to the questions in the IASB's RFI
5.0	Cover Memo: Project update & remaining redeliberation aspects
5.1	Redeliberation – Transitional provisions
6.0	Cover memo: Project update & redeliberation of selected sections of the draft Tier 3 Standard
6.1	Redeliberation – Financial instruments
6.2	Redeliberation – Revenue
6.3	Redeliberation – Related party disclosures
6.4	Redeliberation – Transition to Tier 3 and amendments to other Standards
7.0	Cover Memo: Presentation and Disclosure in Financial Statements of Superannuation and Not-for-Profit Entities
7.1	Draft Exposure Draft
7.2	Proposed next steps and timeline
8.1	Update on implementation support and awareness raising activities
9.1	Project Update and Next Steps – Proposed Amendments to IFRS S2/AASB S2 Climate-related Disclosures
9.2	AASB comment letter to ISSB
9.3	AASB/UK FRC/SSBJ joint comment letter to ISSB
10.1	Documents open for comment to other organisations
11.1	Other business

Meeting 19 August 2025. (No. 214)

Agenda Item No.	Document Title
3.1	Cover memo – Ballot Draft re Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures
3.2	Ballot Draft - AASB 2025-X Amendments to Australian Accounting Standards – Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures
3.3	[Draft] Explanatory Statement to accompany AASB 2025-X Amendments to Australian Accounting Standards – Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures
3.4	Amendments to Ballot Draft AASB 2025-X Amendments to Australian Accounting Standards – Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures (additional board paper added 13 August 2025)
4.0	Cover memo: Project redeliberations on selected sections of the draft Tier 3 Standard
4.1	Redeliberation – Intangible assets, impairment of assets and donated non-financial assets
4.2	Redeliberation – Subsidiaries and notable relationship entities
4.3	Redeliberation – Entity combinations
4.4	Redeliberation – Associates and joint arrangements
5.1	Staff Paper: References to the Conceptual Framework
6.0	Staff Paper: Definition of public accountability
7.0	Cover Memo: Post-Implementation Review of AASB 1049 Whole of Government and General Government Sector Financial Reporting and AASB 1055 Budgetary Reporting
7.1	Staff Paper: Consider stakeholder feedback and decide on the standard-setting response
7.2	PIR Report to the FRC (extract of pages 25-68 of the combined FRC meeting papers for the December 2021 meeting)
8.0	Staff Paper: Upcoming AASB Agenda Consultation
9.1	Documents open for comment to other organisations
10.1	Other Business

Meeting 3 July 2025. (No. 213)

Agenda Item No.	Document Title
3.0	Cover Memo: Consequential amendments to cash flow statement presentation
3.1	Staff Paper: Dividend and interest cash flow classification
3.2	Staff Paper: Indirect method of presenting operating cash flows
3.3	Staff Paper: Approach to Exposure Draft(s) and proposed project timeline
4.0	Cover memo: Scoping, not-for-profit modifications to the Conceptual Framework and disclosures in special purpose financial statements
4.1	Redeliberation – Scoping of the Conceptual Framework and the proposed amendments to AASB 1057 to extend the population of NFP entities to which Australian Accounting Standards apply
4.2	Redeliberation – NFP modifications to the Conceptual Framework
4.3	Redeliberation – Disclosures in special purpose financial statements
5.0	Cover memo: Project redeliberations on selected sections of the draft Tier 3 Standard
5.1	Redeliberation on objective, scope and application
5.2	Redeliberation on certain Category B topics
5.3	Redeliberation on primary financial statements
5.4	Redeliberation on foreign currency translation
5.5	Redeliberation on Category A topics
6.1	Staff Paper: AASB response to Exposure Draft on Enhancing the SASB Standards
8.1	Staff Paper: Sustainability Reporting Horizon Scanning
9.1	Research Updates
10.1	Open for comment
11.1	Other Business - Public

Meeting 1 May 2025. (No. 212)

Agenda Item No.	Document Title
3.0	Cover memo – Consideration of stakeholder feedback on ED 334 and commence project redeliberation
3.1	Due Process – whether to proceed with finalising ED 334
3.2	Collation of feedback on ED334
3.3	Written submissions on ED 334
3.4	ED 334 Online survey instrument responses
4.0	Cover Memo – Not-for-Profit Private Sector Financial Reporting Framework
4.1	Due Process consideration of whether to proceed with the project
4.2	Categorisation of the ED 335 proposals
4.3	Collation of feedback on ED 335
4.4	Submissions received on ED 335
4.5	ED 335 online survey instrument responses
5.0	Cover Memo: Applying AASB 18 to NFP public sector entities, NFP private sector entities and superannuation entities preparing Tier 1 GPFS
5.1	NFP public sector entities preparing Tier 1 GPFS
5.2	NFP private sector entities preparing Tier 1 GPFS
5.3	Superannuation entities
6.1	PIR of AASB 16 Leases considering NFP- and public sector-specific issues
6.2	Summary of the IASB’s tentative decisions on the content of their forthcoming RFI
7.0	Cover Memo: Post-implementation Review of Certain Not-for-Profit Topics
7.1	Topic 2 of ITC 51: The definition of a structured entity for NFP entities
7.2	Topic 1 of ITC 51: Control and consolidation for NFP entities
8.0	Cover Memo: AASB 1060 Review
8.1	PIR of AASB 1060 and AASB 2020
8.2	Consider potential amendments to AASB 1060 resulting from amendments to IFRS for SMEs.
8.3	Consideration of the potential effects of AASB 18 on AASB 1060
8.4	Consideration of disclosure requirements in IFRS 19
9.0	Cover Memo: AASB S2 – items for noting
9.1	AASB S2: Implementation support – project plan
9.2	AASB S2: Industry-based information – project plan
9.3	Comparison of AASB S2 Appendix D with IFRS Foundation educational material
10.1	Open for Comment
11.1	Other Business - Public

Meeting 6-7 March 2025. (No. 211)

Agenda Item No.	Document Title
3.1	Feedback Analysis
4.1	Cover memo: Potential Tier 2 Disclosures
5.1	Cover memo: Tier 2 Disclosures
5.2	Ballot Draft of amending Standard AASB2025-X
5.3	Draft Explanatory Statements
5.4	Submission on ED 322
6.0	Cover Memo - Project update: consider preliminary feedback on ED 334 and ED 335
6.1	Preliminary summary of feedback on ED 334
6.2	Preliminary summary of feedback on ED 335
6.3	Preliminary categorisation of the ED 335 proposals
7.0	Cover Memo: PIR Not-For-Profit Topics – Related party disclosures and Basis of preparation of special purpose financial statements
7.1	Topic 4 of ITC 51: Basis of preparation of special purpose financial statements – disclosures about compliance with Australian Accounting Standards
7.2	Topic 3 of ITC 51: Related party disclosures by NFP public sector entities
8.1	Research Update
9.0	Cover Memo - Climate-related Financial Disclosure project plans
9.1	Implementation [draft] project plan
9.2	Proportionality [draft] project plan
9.3	Industry-based information [draft] project plan
9.4	SR Update
9.5	ISSB amendments
10.1	Open for Comment
11.1	Other Business - Public