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Public Governance, Performance and Accountability (Financial Reporting) Rule 2015
19Early adoption of accounting pronouncements
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19 Early adoption of accounting pronouncements
(1) A reporting entity must have approval from the accountable authority of the Department of Finance if they wish to adopt an AAS or AASB Interpretation earlier than its effective date of application other than as permitted or required by this rule. (2) The accountable authority of the Department of Finance may instruct one or more entities to early adopt an AAS or AASB interpretation.