Australian Government
Australian Accounting Standards Board
Thursday, September 3, 2026
The AASB has issued AASB 2026-4 to provide targeted relief for superannuation entities and not-for-profit public sector entities (other than higher education providers) applying AASB 18 and the related amendments to AASB 107. The Standard also clarifies operating cash flow reconciliation requirements.
AASB 2026-4 Amendments to Australian Accounting Standards – Application of AASB 18 and AASB 107 by Superannuation and Not-for-Profit Entities and Operating Cash Flow Reconciliation also includes consequential and editorial amendments to other Australian Accounting Standards. The Standard adds a definition of ‘higher education provider’ to both AASB 18 and AASB 107.
The Standard applies to annual periods beginning on or after 1 January 2028, except that the amendments to AASB 1039 Concise Financial Reports and AASB 1054 Australian Additional Disclosures (which relate to the operating cash flow reconciliation) also apply to for-profit entities (other than superannuation entities) for annual periods beginning on or after 1 January 2027. Earlier application is permitted.