AASB 1048 - Interpretation of Standards - June 2012
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CONTENTS
COMPILATION DETAILS
Comparison with International Pronouncements
Accounting Standard
AASB 1048 Interpretation of Standards
Paragraphs
Objective 1
Application 2 – 6
Scope 7 – 8
Australian Interpretations corresponding to IASB Interpretations 9 – 10
Other Australian Interpretations 11 – 12
Australian Accounting Standard AASB 1048 Interpretation of Standards (as amended) is set out in paragraphs 1 – 12. All the paragraphs have equal authority. In the absence of explicit guidance, AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies.