Document ID: chunk:federal_register_of_legislation:F2025C00173:body:0:p19
Version: federal_register_of_legislation:F2025C00173
Segment Type: other
Provision Reference: 
Character Range: 47290–50289

1 Jan 2018   see (d) below
                                                               NFP (beginning) 1 Jan 2019
AASB 17       19 Jul 2017  F2017L01184     31 Dec 2022         (beginning) 1 Jan 2023      see (e) below
AASB 2017-5   12 Dec 2017  F2018L00067     31 Dec 2017         (beginning) 1 Jan 2018      see (f) below
AASB 2017-7   12 Dec 2017  F2018L00065     31 Dec 2018         (beginning) 1 Jan 2019      see (g) below
AASB 2019-1   21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020      see (h) below
AASB 1060     6 Mar 2020   F2020L00288     30 Jun 2021         (beginning) 1 Jul 2021      see (i) below
AASB 2021-7   20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022      see (j) below
AASB 2022-7   15 Dec 2022  F2023L00018     31 Dec 2022         (beginning) 1 Jan 2023      see (k) below
AASB 18       7 Jun 2024   F2024L00708     31 Dec 2026         FP (beginning) 1 Jan 2027   not compiled*
                                                               NFP (beginning) 1 Jan 2028
AASB 2024-4   7 Nov 2024   F2024L01481     31 Dec 2024         (beginning) 1 Jan 2025      see (l) below

* The amendments made by this Standard are not included in this compilation, which presents the principal Standard as applicable to annual periods beginning on or after 1 January 2025.  The compilation includes amendments that apply mandatorily only to periods beginning on or after 1 January 2028.  See AASB 2024-4.
   (a) Entities may elect to apply this Standard to annual periods beginning after 24 July 2014 but before 1 January 2018, provided that AASB 10 Consolidated Financial Statements, AASB 11 Joint Arrangements, AASB 12 Disclosure of Interests in Other Entities and AASB 127 Separate Financial Statements are also applied to such periods.
   (b) This Standard amended AASB 128 for annual periods beginning on or after 1 January 2018.  Entities may elect to apply the amendments in this Standard to annual periods beginning before 1 January 2018.
   (c) Entities may elect to apply this Standard to annual periods beginning before 1 January 2019, provided that AASB 15 Revenue from Contracts with Customers is also applied to the same period.
   (d) For-profit (FP) entities and not-for-profit (NFP) entities may elect to apply the amendments made to AASB 128 by this Standard early, in advance of their specific mandatory effective dates.
   (e) Entities may elect to apply this Standard to annual periods beginning before 1 January 2023, provided that AASB 9 Financial Instruments is also applied on or before the date of initial application of AASB 17. (AASB 17 was amended prior to its mandatory application by various amending Standards, including AASB 2022-8 Amendments to Australian Accounting Standards – Insurance Contracts: Consequential Amendments, made by the AASB on 15 December 2022.)
   (f) AASB 2017-5 deferred the effective date of certain requirements included in AASB 128 to annual periods beginning on or after 1