AASB 12 - Disclosure of Interests in Other Entities - August 2011
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Table of Standards
| Standard | Date made | Application date(annual reporting periods … on or after …) | Application, saving or transitional provisions |
|---|---|---|---|
| AASB 12 | 29 Aug 2011 | (beginning) 1 Jan 2013 | see (a) below |
| AASB 2012-7 | 10 Sep 2012 | (beginning) 1 Jul 2013 | see (b) below |
| AASB 2012-10 | 18 Dec 2012 | (beginning) 1 Jan 2013 | see (c) below |
| AASB 2013-5 | 14 Aug 2013 | (beginning) 1 Jan 2014 | see (d) below |
| AASB 2013-8 | 31 Oct 2013 | (beginning) 1 Jan 2014 | see (e) below |
| AASB 2015-3 | 28 Jan 2015 | (beginning) 1 Jul 2015 | see (f) below |
| AASB 2015-5 | 30 Jan 2015 | (beginning) 1 Jan 2016 | see (g) below |
(a) For-profit entities (but not not-for-profit entities) may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2013, provided that certain related Standards are also applied to such periods.
(b) Entities may elect to apply this Standard, or its amendments to individual Standards, to annual reporting periods beginning on or after 1 July 2009 but before 1 July 2013, provided that AASB 1053 Application of Tiers of Australian Accounting Standards and the other Standards listed in paragraph 5 of this Standard (as relevant) are also applied to such periods.
(c) For-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2013. Not-for-profit entities may elect to apply the amendments to AASB 12 in this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014.
(d) For-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2014. Not-for-profit entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014. If an entity elects to apply this Standard to such annual reporting periods, it shall also apply AASB 10 Consolidated Financial Statements and associated Standards to such periods.
(e) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014.