Amendments to ASA 200Amendments to ASA 200

Amendments to ASA 200

1. Existing paragraph Aus 13.1 is amended to read as follows:

A complete set of financial statements means financial statements and related notes as determined by the requirements of the applicable financial reporting framework. For example, a complete set of financial statements as described in Accounting Standard AASB 101* includes:

(a) a statement of financial position as at the end of the period;

(b) a statement of profit or loss and other comprehensive income for the period;

(c) a statement of changes in equity for the period;

(d) a statement of cash flows for the period; and

(e) notes, comprising material accounting policy informationa summary of significant accounting policies and other explanatory information; and

(f) comparative information in respect of the preceding period, where applicable; and

(g) a statement of financial position as at the beginning of the preceding period, if required.