The following pronouncements apply mandatorily to the 2024/25 financial year. They were not mandatory for the 2023/24 financial year, but could be applied early.

Attachment B provides a summary of the potential impact for Commonwealth reporting entities of new and amending pronouncements relating to the 2024–25 and future financial years that is listed in …

Dec 31, 2024 · AASB 2022-10 amends AASB 13, including adding authoritative implementation guidance and providing illustrative examples, for fair value measurement of non-financial assets of …

We have created a summary list of new Australian Accounting Standards as well as amendments to existing standards including the start date for these standards. You can find more information about …

It has been updated for the 2024/25 financial year. This lists the pronouncements (including amending Standards) that are mandatory for the particular regular financial year for the first time.

The following Standards and Interpretations have been issued by the AASB but are not yet effective for the financial year ending 30 June 2024 (unless early adopted):

Jun 30, 2025 · This AASB follows the issuance of AASB 2024-2 (refer above), which amended AASB 7 and AASB 9, extending some of the new disclosure requirements to Tier 2 entities.

During the 2024-2025 financial year, amongst a large variety of achievements mentioned throughout this annual report, the AASB issued three new Standards, five Amending Standards, compiled 10 …

The AASB issues principles-based Australian accounting, sustainability and external reporting Standards and guidance that meet user needs and enhance external reporting consistency and quality.

Jan 1, 2021 · This list covers pronouncements (or versions) applying only to periods later than the calendar year 1 January 2025 to 31 December 2025.