Conceptual Framework

This table lists only the latest version (by operative date) of each conceptual framework document, which may apply to future reporting periods, but may be applied early.  Use the Search pronouncements by reporting period page to find the version of each framework document that applies to any particular reporting period.

Where a framework document has been amended and a compiled version has been prepared, the compiled version is listed below.  The original framework document and any previous compiled version can be found using the Browse for pronouncements page (select “no” for “Show only most recent”).

In the table below, the Notes column identifies when the framework document 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 framework document was approved 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 framework document applies.

Framework documents

Title Notes Issue
CF Conceptual Framework for Financial Reporting   May 2019 1 Jan
FPP Framework for the Preparation and Presentation of Financial Statements Compiled May
1 Jan


Amending Pronouncements (not yet fully compiled)
2020-2 Amendments to Australian Accounting Standards –
Removal of Special Purpose Financial Statements
for Certain For-Profit Private Sector Entities
1 Jul 2021



Amending Pronouncements (fully compiled)
CF 2013-1 Amendments to Australian Conceptual Framework Extra Dec
20 Dec 2013
2014-1 Amendments to Australian Accounting Standards      [Part A]  Extra Jun
1 Jul
2018-7 Amendments to Australian Accounting Standards – Definition of Material Extra Dec 2018 1 Jan 2020
2019-1 Amendments to Australian Accounting Standards – References to the Conceptual Framework Extra May
1 Jan 2020
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