AASB 2009-11 - Amendments to Australian Accounting Standards arising from AASB 9 - December 2009
Amendments to AASB 102Amendments to AASB 102
Start here
Get a plain-English read of Amendments to AASB 102
Turn the raw legal text into a practical explanation grounded in AASB 2009-11 - Amendments to Australian Accounting Standards arising from AASB 9 - December 2009.
Amendments to AASB 102
22 Paragraph 2(b) is amended and paragraph 40A added as follows:
2 This Standard applies to all inventories, except:
...
(b) financial instruments (see AASB 132 Financial Instruments: Presentation, and AASB 139 Financial Instruments: Recognition and Measurement and AASB 9 Financial Instruments); and
...
40A AASB 2009-11 Amendments to Australian Accounting Standards arising from AASB 9, issued in December 2009, amended paragraph 2(b). An entity shall apply that amendment when it applies AASB 9.