Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p44
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 132730–135934

information about deferred tax assets and liabilities related to Pillar Two income taxes (see AASB 112 paragraph 4A).

     178B An entity shall disclose separately its current tax expense (income) related to Pillar Two income taxes.

Foreign Currency Translation[28]
      1.                  In paragraphs 181 and 182, references to 'functional currency' are, in the case of a group, to the functional currency of the parent. [IFRS for SMEs Standard paragraph 30.24]
      2.                  An entity shall disclose the following:
           1.                    the amount of exchange differences recognised in profit or loss during the period, except for those arising on financial instruments measured at fair value through profit or loss in accordance with AASB 9; and
           2.                    the amount of exchange differences arising during the period and classified in a separate component of equity at the end of the period.
     [IFRS for SMEs Standard paragraph 30.25]

      1.                  An entity shall disclose the currency in which the financial statements are presented. When the presentation currency is different from the functional currency, an entity shall state that fact and shall disclose the functional currency and the reason for using a different presentation currency. [IFRS for SMEs Standard paragraph 30.26]
      2.                  When there is a change in the functional currency of either the reporting entity or a significant foreign operation, the entity shall disclose that fact and the reason for the change in functional currency. [IFRS for SMEs Standard paragraph 30.27]

Hyperinflation[29]
      1.                  An entity to which AASB 129 Financial Reporting in Hyperinflationary Economies applies shall disclose the following:
           1.                    the fact that financial statements and other prior period data have been restated for changes in the general purchasing power of the functional currency;
           2.                    the identity and level of the price index at the reporting date and changes during the current reporting period and the previous reporting period; and
           3.                    the amount of gain or loss on monetary items.
     [IFRS for SMEs Standard paragraph 31.15]

      1.                  An entity that applies AASB 129 shall also disclose whether the financial statements are based on a historical cost approach or a current cost approach.

Events after the End of the Reporting Period[30]

Adjusting events after the end of the reporting period
      1.                  An entity shall adjust the amounts recognised in its financial statements, including related disclosures, to reflect adjusting events after the end of the reporting period. [IFRS for SMEs Standard paragraph 32.4]

Date of authorisation for issue
      1.                  An entity shall disclose the date when the financial statements were authorised for issue and who gave that authorisation. If the entity's owners or others have the power to amend the financial statements after issue, the entity shall disclose that fact. [IFRS for SMEs Standard paragraph 32.9]

Non-adjusting events after the end