Australian Government
Australian Accounting Standards Board
This table lists the Practice Statements that have been issued by the International Accounting Standards Board and the AASB.
These Practice Statements are not required to be complied with by entities preparing general purpose financial statements in accordance with Australian Accounting Standards or IFRS Standards.
For copyright reasons, these materials are available only to AASB website users in Australia. These materials must not be forwarded to anyone outside Australia; they can obtain these materials by subscription from the IASB.
Title | Issue Date | Operative Date |
Management Commentary (IFRS Practice Statement 1) | Dec 2010 | 8 Dec 2010 |
Making Materiality Judgements (AASB Practice Statement 2) | Dec 2021 | 1 Jan 2022 |
Title | Issue Date | Operative Date |
AASB 2021-2 Amendments to Australian Accounting Standards - Disclosure of Accounting Policies and Definition of Accounting Estimates | Mar 2021 | 1 Jan 2023 |
AASB 2022-6 Amendments to Australian Accounting Standards – Non-current Liabilities with Covenants | Dec 2022 | 1 Jan 2024 |
AASB 2022-7 Editorial Corrections to Australian Accounting Standards and Repeal of Superseded and Redundant Standards | Dec 2022 | 1 Jan 2023 |
Title | Issue Date | Operative Date |
AASB 2018-7 Amendments to Australian Accounting Standards - Definition of Material | Dec 2018 | 1 Jan 2020 |
AASB 2019-1 Amendments to Australian Accounting Standards - References to the Conceptual Framework | May 2019 | 1 Jan 2020 |
AASB 2021-7a Amendments to Australian Accounting Standards – Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections | Dec 2021 | 1 Jan 2022 |