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compilation details

Accounting Standard AASB 2011-7 Amendments to Australian Accounting Standards arising from the Consolidation and Joint Arrangements Standards as amended

This compiled Standard applies to annual reporting periods beginning on or after 1 January 2013. It takes into account amendments up to and including 10 September 2012 and was prepared on 31 October 2012 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 2011-7 (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 2011-7	29 Aug 2011	(beginning) 1 Jan 2013	see (a) below
AASB 2012-6	10 Sep 2012	(beginning) 1 Jan 2013	see (b) below

(a) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2005 but before 1 January 2013, with certain exceptions.

(b) Entities may elect to apply this Standard to annual reporting periods ending on or after 31 December 2009 that begin before 1 January 2013, with certain exceptions.

Table of Amendments

Paragraph affected	How affected	By … [paragraph]
1	amended	AASB 2012-6 [29]
7	amended	AASB 2012-6 [30]
23	amended	AASB 2012-6 [31]
25-26	deleted	AASB 2012-6 [29]
27	amended	AASB 2012-6 [33]
45	amended	AASB 2012-6 [34]
51-52	amended	AASB 2012-6 [36]
52A	added	AASB 2012-6 [36]
55