18AAASB 1054 Australian Additional Disclosures applies to:

18A AASB 1054 Australian Additional Disclosures applies to: (a) each not-for-profit entity that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act; (c) each entity that elects to prepare financial statements that are, or are held out to be, general purpose financial statements; (d) for-profit private sector entities that are required by legislation to prepare financial statements that comply with either Australian Accounting Standards or accounting standards; and (e) other for-profit private sector entities that are required only by their constituting document or another document to prepare financial statements that comply with Australian Accounting Standards.