Accounting Standards

This table lists in numeric order only the latest version (by operative date) of each Accounting Standard. Some of these versions will apply mandatorily only to future reporting periods, but may be applied early. Use the Search pronouncements by reporting period page to find the version of each Standard that applies to any particular reporting period.

Where a Standard has been amended and a compiled version has been prepared, the compiled version is listed below. The original Standard (including the Preface) and any previous compiled version can be found using the Browse for pronouncements page (select "no" for "Show only most recent"). Amending Pronouncements not yet fully compiled are listed below, as well as those that have been compiled for recent periods. Use the Search for a specific document page to find individual, or lists of, Amending Pronouncements.

The Notes column below identifies when the Standard listed is a compiled version. "Extra" identifies when additional IASB supporting material (e.g. Basis for Conclusions) is available. The date shown in the Issue Date column is either the date the Standard was made by the AASB or the date of the most recent amendment by the AASB included in the compiled version. The Operative Date indicates the beginning (or end) of the first annual reporting period to which the version of the Standard applies.

AASB Standards

 

AASB No. Title Notes Issue Date Operative Date
1 First-time Adoption of Australian Accounting Standards Compiled
Extra
May
2022
1 Jan
2022
2 Share-based Payment Compiled
Extra
Dec
2021
1 Jan
2022
3 Business Combinations Compiled
Extra
Jun
2020
1 Jan
2022
4 Insurance Contracts Compiled
Extra
Sep
2020
1 Jan
2021
5 Non-current Assets Held for Sale and Discontinued Operations Compiled
Extra
Dec
2021
1 Jan
2022
6 Exploration for and Evaluation of Mineral Resources Compiled
Extra
Mar
2020
1 Jul
2021
7 Financial Instruments: Disclosures Compiled
Extra
Dec 
2021
1 Jan
2022
8 Operating Segments Compiled
Extra
Mar
2020
1 Jul
2021
9 Financial Instruments Compiled
Extra
Dec 
2021
1 Jan
2022
10 Consolidated Financial Statements Compiled
Extra
Dec
2021
1 Jan
2022
11 Joint Arrangements Compiled
Extra
Feb
2018
1 Jan
2019
12 Disclosure of Interests in Other Entities Compiled
Extra
Mar
2020
1 Jul
2021
13 Fair Value Measurement Compiled
Extra
Mar
2020

1 Jul
2021

14 Regulatory Deferral Accounts Compiled
Extra
Dec 
2021
1 Jan
2022
15 Revenue from Contracts with Customers Compiled
Extra
May
2022
1 Jul
2022
16 Leases Compiled
Extra
Dec
2021
1 Jan
2022
17 Insurance Contracts Compiled
Extra
Mar
2022
1 Jan
2023
101 Presentation of Financial Statements Compiled
Extra
Dec
2021
1 Jan
2022
102 Inventories Compiled
Extra
Dec
2021
1 Jan
2022
107 Statement of Cash Flows Compiled
Extra
Mar
2020
1 Jul
2021
108 Accounting Policies, Changes in Accounting Estimates and Errors Compiled
Extra
Mar
2020
1 Jul
2021
110 Events after the Reporting Period Compiled
Extra
Mar
2020
1 Jul
2021
112 Income Taxes Compiled
Extra
Mar
2020
1 Jul
2021
116 Property, Plant and Equipment Compiled
Extra
Dec
2021
1 Jan
2022
119 Employee Benefits Compiled
Extra
Dec
2021
1 Jan
2022
120 Accounting for Government Grants and Disclosure of Government Assistance Compiled
Extra
Mar
2020
1 Jul
2021
121 The Effects of Changes in Foreign Exchange Rates Compiled
Extra
Mar
2020
1 Jul
2021
123 Borrowing Costs Compiled
Extra
Mar
2020
1 Jul
2021
124 Related Party Disclosures Compiled
Extra
Mar
2020
1 Jul
2021
127 Separate Financial Statements Compiled
Extra
Dec
2021
1 Jan
2022
128 Investments in Associates and Joint Ventures Compiled
Extra
Dec
2021
1 Jan
2022
129 Financial Reporting in Hyperinflationary Economies Compiled
Extra
Mar
2020
1 Jul
2021
132 Financial Instruments: Presentation Compiled
Extra
Dec
2021
1 Jan
2022
133 Earnings per Share Compiled
Extra
Mar
2020
1 Jul
2021
134 Interim Financial Reporting Compiled
Extra
Dec
2021
1 Jan
2022
136 Impairment of Assets Compiled
Extra
Mar
2020
1 Jul
2021
137 Provisions, Contingent Liabilities and Contingent Assets Compiled Dec
2021
1 Jan
2022
138 Intangible Assets Compiled
Extra
Mar
2020
1 Jul
2021
139 Financial Instruments: Recognition and Measurement Compiled
Extra
Sep 
2020
1 Jan
2021
140 Investment Property Compiled
Extra
Dec
2021
1 Jan
2022
141 Agriculture Compiled
Extra
Jun
2020
1 Jan
2022
1004 Contributions Compiled Mar
2020

1 Jul
2021

1023 General Insurance Contracts Compiled Dec 2021 1 Jan
2022
1038 Life Insurance Contracts Compiled Dec
2021
1 Jan
2022
1039 Concise Financial Reports Compiled  Dec 
2021
1 Jan
2022
1048 Interpretation of Standards   Dec 
2020
Ending
31 Dec
2020
1049 Whole of Government and General Government Sector Financial Reporting Compiled Dec 
2019
1 Jan
2020
1050 Administered Items Compiled Mar 2020 1 Jul
2021
1051 Land Under Roads Compiled Mar 2020

1 Jul
2021

1052 Disaggregated Disclosures Compiled Dec 2021 1 Jan
2022
1053  Application of Tiers of Australian Accounting Standards  Compiled May
2022
1 Jul
2021
1054 Australian Additional Disclosures Compiled Jun
2022
1 Jul
2021
1055 Budgetary Reporting Compiled Mar
2020
1 Jul
2021
1056 Superannuation Entities Compiled May 
2019
1 Jan
2020
1057 Application of Australian Accounting Standards Compiled Jun
2022
1 Jan
2022
1058 Income of Not-for-Profit Entities Compiled Dec
2021
1 Jan
2022
1059 Service Concession Arrangements: Grantors Compiled Dec
2021
1 Jan
2022
1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities Compiled Dec
2021
1 Jan
2022
                         Amending Pronouncements (not yet fully compiled)
AASB No.  Title Notes Issue Date Operative Date
2014-10 Amendments to Australian Accounting Standards – Sale or Contribution of Assets between an Investor and its Associate or Joint Venture Extra Dec
2014
1 Jan 
2025
2020-1 Amendments to Australian Accounting Standards – Classification of Liabilities as Current or Non-current Extra Mar 2020 1 Jan
2023
AASB 17 Insurance Contracts (Appendix D) Extra Mar 2022 1 Jan
2023
2020-6 Amendments to Australian Accounting Standards – Classification of Liabilities as Current or Non-current – Deferral of Effective Date Extra Aug 2020 1 Jan
2022
2021-2 Amendments to Australian Accounting Standards – Disclosure of Accounting Policies and Definition of Accounting Estimates Extra Mar 2021 1 Jan
2023
2021-5 Amendments to Australian Accounting Standards – Deferred Tax related to Assets and Liabilities arising from a Single Transaction Extra Jun 2021 1 Jan 
2023
2021-6 Amendments to Australian Accounting Standards – Disclosure of Accounting Policies: Tier 2 and Other Australian Accounting Standards   Dec 2021 1 Jan
2023
2021-7c Amendments to Australian Accounting Standards –
Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections
[deferred AASB 10 and AASB 128 amendments in AASB 2014-10 apply]
  Dec 2021 1 Jan
2025
2022-1 Amendments to Australian Accounting Standards – Initial Application of AASB 17 and AASB 9 – Comparative Information Extra Mar
2022
1 Jan 
2023
2022-2 Amendments to Australian Accounting Standards – Extending Transition Relief under AASB 1   May
2022
Ending
30 Jun
2022
2022-3 Amendments to Australian Accounting Standards – Illustrative Examples for Not-for-Profit Entities accompanying AASB 15   May
2022
1 Jul
2022
2022-4 Amendments to Australian Accounting Standards – Disclosures in Special Purpose Financial Statements of Certain For-Profit Private Sector Entities   Jun 2022 Ending
30 Jun
2022
2022-5  Amendments to Australian Accounting Standards – Lease Liability in a Sale and Leaseback Extra Nov
2022
1 Jan
2024
                          Recent Amending Pronouncements (fully compiled)
AASB No. Title Notes Issue Date Operative Date
2019-4 Amendments to Australian Accounting Standards – Disclosure in Special Purpose Financial Statements of Not-for-Profit Private Sector Entities on Compliance with Recognition and Measurement Requirements   Nov 2019 Ending
30 Jun
2020
2020-2 Amendments to Australian Accounting Standards – Removal of Special Purpose Financial Statements for Certain For-Profit Private Sector Entities   Mar 2020 1 Jul 2021
2020-3 Amendments to Australian Accounting Standards – Annual Improvements 2018–2020 and Other Amendments Extra Jun 2020 1 Jan
2022
2020-4 Amendments to Australian Accounting Standards – Covid-19-Related Rent Concessions Extra Jun 2020 1 Jun 2020
2020-5 Amendments to Australian Accounting Standards – Insurance Contracts Extra Jul 2020 1 Jan 2021
2020-7 Amendments to Australian Accounting Standards – Covid-19-Related Rent Concessions: Tier 2 Disclosures   Aug 2020 1 Jul 2021
2020-8 Amendments to Australian Accounting Standards – Interest Rate Benchmark Reform – Phase 2 Extra Sep 2020 1 Jan 2021
2020-9 Amendments to Australian Accounting Standards – Tier 2 Disclosures: Interest Rate Benchmark Reform (Phase 2) and Other Amendments   Dec 2020 1 Jul 2021
2021-1 Amendments to Australian Accounting Standards –  Transition to Tier 2: Simplified Disclosures for Not-for-Profit Entities   Mar 2021 1 Jul 2021
AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities (Appendix C)   Mar 2021 1 Jul 2021
2021-3 Amendments to Australian Accounting Standards – Covid-19-Related Rent Concessions beyond 30 June 2021 Extra Apr 2021 1 Apr 2021
2021-4 Amendments to Australian Accounting Standards – Modified Retrospective Transition Approach for Service Concession Grantors   Jun 2021 Ending
30 Jun
2021
2021-7a Amendments to Australian Accounting Standards – 
Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections
[general editorials]   
  Dec 2021 1 Jan
2022
2021-7b Amendments to Australian Accounting Standards –
Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections
[AASB 17 editorials]
  Dec 2021 1 Jan
2023

 

 

 

 

 

 

 

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