Accounting Standard AASB 128 Investments in Associates as amended
This compiled Standard applies to annual reporting periods beginning on or after 1 July 2013. It takes into account amendments up to and including 2 September 2011 and was prepared on 9 April 2014 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 (July 2004) 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
15 Jul 2004
(beginning) 1 Jan 2005
AASB 2007-4
30 Apr 2007
(beginning) 1 Jul 2007
see (a) below
AASB 2007-7
28 Jun 2007
(beginning) 1 Jul 2007
see (a) below
AASB 2007-8
24 Sep 2007
(beginning) 1 Jan 2009
see (b) below
AASB 2007-10
13 Dec 2007
(beginning) 1 Jan 2009
see (b) below
AASB 2008-3
6 Mar 2008
(beginning) 1 Jul 2009
see (c) below
AASB 2008-5
24 Jul 2008
(beginning) 1 Jan 2009
see (d) below
AASB 2009-11
7 Dec 2009
(beginning) 1 Jan 2013
see (e) below
AASB 2010-3
23 Jun 2010
(beginning) 1 Jul 2010
see (f) below
AASB 2010-2
30 Jun 2010
(beginning) 1 Jul 2013
see (g) below
AASB 2010-7
6 Dec 2010
(beginning) 1 Jan 2013
see (h) below
AASB 2011-1
11 May 2011
(beginning) 1 Jul 2011
see (i) below
AASB 2011-5
20 Jul 2011
(beginning) 1 Jul 2011
see (j) below
Part compilation details - AASB 128 - Investments in Associates - July 2004 - compilation details | Zoe
AASB 2011-6
20 Jul 2011
(beginning) 1 Jul 2013
see (g) below
AASB 2011-8
2 Sep 2011
(beginning) 1 Jan 2013
see (k) below
(a) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2007.
(b) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009, provided that AASB 101 Presentation of Financial Statements (September 2007) is also applied to such periods.
(c) Entities may elect to apply this Standard to annual reporting periods beginning on or after 30 June 2007 but before 1 July 2009, provided that AASB 3 Business Combinations (March 2008) and AASB 127 Consolidated and Separate Financial Statements (March 2008) are also applied to such periods.
(d) Entities may elect to apply this Standard, or its amendments to individual Standards, to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2009.
(e) Entities may elect to apply this Standard to annual reporting periods ending on or after 31 December 2009 that begin before 1 January 2013, provided that AASB 9 Financial Instruments (2009) is also applied to such periods.
(f) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2010.
(g) Entities may elect to apply this Standard 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 is also applied to such periods.
(h) Entities may elect to apply this Standard as set out in paragraph 6 of AASB 2010-7.
(i) Entities may elect to apply this Standard, or its amendments to individual pronouncements, to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2011, provided that AASB 1054 Australian Additional Disclosures is, or its relevant individual disclosure requirements are, also applied to such periods.
(j) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2011, provided that AASB 2007 4 Amendments to Australian Accounting Standards arising from ED 151 and Other Amendments is also applied to such periods.
(k) 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 AASB 13 Fair Value Measurement is also applied to such periods.