Section 4 - AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011 - In respect of AASB 120, this Standard applies to:

4 In respect of AASB 120, this Standard applies to:

(a) each for-profit entity that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act and that is a reporting entity;

(b) general purpose financial statements of each other for-profit reporting entity; and

5 In respect of AASB 133, this Standard applies to each entity that is required to prepare financial reports in accordance with Part 2M.3 of the Corporations Act and that is:

(a) a reporting entity whose ordinary shares or potential ordinary shares are publicly traded; or

(b) a reporting entity that is in the process of issuing ordinary shares or potential ordinary shares in public markets; or

4In respect of AASB 120, this Standard applies to:

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