Document ID: chunk:federal_register_of_legislation:F2025C00172:body:0:p79
Version: federal_register_of_legislation:F2025C00172
Segment Type: other
Provision Reference: 
Character Range: 206098–209318

2
Exemption                             Available*    Available     Not available^  Available

Different type of entity – different tier
Ultimate or Intermediate Parent            FP – Tier 1   FP – Tier 2    NFP – Tier 1  NFP – Tier 2
Parent                                     NFP – Tier 2  NFP – Tier 1   FP – Tier 2   FP – Tier 1
Exemption                                  Available*    Not available  Available     Not available

FP = For-profit entity
NFP = Not-for-profit entity
* The exemption would not be available by reference to the intermediate parent when it is a for-profit public sector entity unable to claim compliance with IFRSs – see paragraph Aus16.2 of AASB 101 Presentation of Financial Statements.
^ When the parent entity's NFP ultimate or intermediate parent is able to claim compliance with IFRSs, the exemption is available.
Australian Accounting Standards consist of two tiers of reporting requirements for preparing general purpose financial statements:
(a) Tier 1: Australian Accounting Standards; and
(b) Tier 2: Australian Accounting Standards – Simplified Disclosures.

Compilation details
Accounting Standard AASB 10 Consolidated Financial Statements (as amended)
Compilation details are not part of AASB 10.
This compiled Standard applies to annual periods beginning on or after 1 January 2025.  It takes into account amendments up to and including 7 November 2024 and was prepared on 25 February 2025 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB.  Instead, it is a representation of AASB 10 (July 2015) as amended by other Accounting Standards, which are listed in the table below.

Table of Standards
Standard      Date made    FRL identifier  Commence-ment date  Effective date              Application, saving or transitional provisions
                                                               (annual periods
                                                               … on or after …)
AASB 10       24 Jul 2015  F2015L01617     30 Jun 2016         (beginning) 1 Jul 2016      see (a) below
AASB 2015-10  22 Dec 2015  F2016L00035     31 Dec 2015         (beginning) 1 Jan 2016      see (b) below
AASB 2017-5   12 Dec 2017  F2018L00067     31 Dec 2017         (beginning) 1 Jan 2018      see (c) below
AASB 2019-1   21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020      see (d) below
AASB 2020-2   6 Mar 2020   F2020L00271     30 Jun 2021         (beginning) 1 Jul 2021      see (e) below
AASB 1060     6 Mar 2020   F2020L00288     30 Jun 2021         (beginning) 1 Jul 2021      see (e) below
AASB 2021-7   20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022      see (f) below
AASB 18       7 Jun 2024   F2024L00708     31 Dec 2026         FP (beginning) 1 Jan 2027   not compiled*
                                                               NFP (beginning) 1 Jan 2028
AASB 2024-3   5 Sep 2024   F2024L01194     31 Dec 2025         (beginning) 1 Jan 2026      not compiled*
AASB 2024-4   7 Nov 2024   F2024L01481     31 Dec 2024         (beginning) 1 Jan 2025      see (g) below

   * The amendments made by this Standard are