AASB 128 - Investments in Associates - July 2004
Comparison with IAS 28Comparison with IAS 28
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Comparison with IAS 28
AASB 128 and IAS 28
AASB 128 Investments in Associates as amended incorporates IAS 28 Investments in Associates as issued and amended by the International Accounting Standards Board (IASB). Paragraphs that have been added to this Standard (and do not appear in the text of IAS 28) are identified with the prefix “Aus”, followed by the number of the relevant IASB paragraph and decimal numbering.
Compliance with IAS 28
Entities that comply with AASB 128 as amended will simultaneously be in compliance with IAS 28 as amended, with the exception of entities preparing general purpose financial statements under Australian Accounting Standards – Reduced Disclosure Requirements.