AASB 128 - Investments in Associates and Joint Ventures - August 2011
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Accounting Standard AASB 128 Investments in Associates and Joint Ventures as amended
This compiled Standard applies to annual reporting periods beginning on or after 1 January 2018. It takes into account amendments up to and including 22 December 2015 and was prepared on 14 February 2016 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 128 (August 2011) as amended by other Accounting Standards, which are listed in the Table below.
Table of Standards
| Standard | Date made | Application date(annual reporting periods … on or after …) | Application, saving or transitional provisions |
|---|---|---|---|
| AASB 128 | 29 Aug 2011 | (beginning) 1 Jan 2013 | see (a) below |
| AASB 2012-10 | 18 Dec 2012 | (beginning) 1 Jan 2013 | see (b) below |
| AASB 2012-11 | 18 Dec 2012 | (beginning) 1 Jul 2013 | see (c) below |
| AASB 2014-7 | 17 Dec 2014 | (beginning) 1 Jan 2018 | see (d) below |
| AASB 2014-9 | 23 Dec 2014 | (beginning) 1 Jan 2016 | see (e) below |
| AASB 2014-10 | 23 Dec 2014 | (beginning) 1 Jan 2016 | see (e) below |
| AASB 2015-3 | 28 Jan 2015 | (beginning) 1 Jul 2015 | see (f) below |
| AASB 2015-4 | 30 Jan 2015 | (beginning) 1 Jul 2015 | see (g) below |
| AASB 2015-5 | 30 Jan 2015 | (beginning) 1 Jan 2016 | see (e) below |
| AASB 2015-10 | 22 Dec 2015 | (beginning) 1 Jan 2016 | see (h) 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. This early application provision was subsequently amended by AASB 2012-10.
(b) 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 128 in this Standard to annual reporting periods beginning on or after 1 January 2013 but before 1 January 2014.