Accounting Standard AASB 2024-4 Amendments to Australian Accounting Standards – Effective Date of Amendments to AASB 10 and AASB 128
ApplicationApplication
Start here
Get a plain-English read of Application
Turn the raw legal text into a practical explanation grounded in Accounting Standard AASB 2024-4 Amendments to Australian Accounting Standards – Effective Date of Amendments to AASB 10 and AASB 128.
Application
2 The amendments set out in this Standard apply to entities and financial statements in accordance with the application of AASB 10 and AASB 128 set out in AASB 1057 Application of Australian Accounting Standards.
3 This Standard applies to annual periods beginning on or after 1 January 2025.
4 This Standard may be applied to annual reporting periods beginning before 1 January 2025. When an entity applies this Standard to such an annual period, it shall disclose that fact.
5 This Standard uses underlining, striking out and other typographical material to identify some of the amendments to AASB 10 and AASB 128 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.