cOMPARISON WITH IFRS 13

AASB 13 Fair Value Measurement as amended incorporates IFRS 13 Fair Value Measurement 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 IFRS 13) are identified with the prefix “Aus”, followed by the number of the preceding IASB paragraph and decimal numbering.

Entities that comply with AASB 13 as amended will simultaneously be in compliance with IFRS 13 as amended, with the exception of entities preparing general purpose financial statements under Australian Accounting Standards – Reduced Disclosure Requirements.