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Accounting Standard AASB 2023-1 Amendments to Australian Accounting Standards – Supplier Finance Arrangements
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Objective
This Standard amends:
(a) AASB 107 Statement of Cash Flows (August 2015); and
(b) AASB 7 Financial Instruments: Disclosures (August 2015);
as a consequence of the issuance of International Financial Reporting Standard Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7) by the International Accounting Standards Board in May 2023.