Accounting Standard AASB 2021-7 Amendments to Australian Accounting Standards – Effective Date of Amendments to AASB 10 and AASB 128 and Editorial Corrections
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3 The amendments set out in this Standard apply to entities and financial statements in accordance with the application of the other Standards and Interpretations set out in AASB 1057 Application of Australian Accounting Standards.
4 This Standard applies to annual periods beginning on or after 1 January 2022. Some of the editorial corrections apply to annual periods beginning on or after 1 January 2023.
5 This Standard may be applied to annual periods beginning before 1 January 2022. When an entity applies this Standard to such an annual period, it shall disclose that fact.
6 This Standard uses underlining, striking out and other typographical material to identify some of the amendments to a pronouncement, in order to make the amendments more understandable. However, the amendments made by this Standard do not include that underlining, striking out or other typographical material. Amended paragraphs are shown with deleted text struck through and new text underlined. Ellipses (…) are used to help provide the context within which amendments are made and also to indicate text that is not amended.