Document ID: chunk:federal_register_of_legislation:F2023C00402:front:0:p96
Version: federal_register_of_legislation:F2023C00402
Segment Type: other
Provision Reference: 
Character Range: 252468–255436

made by the AASB. Instead, it is a representation of AASB 15 (December 2014) 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 15      12 Dec 2014  F2015L00115     12 Dec 2014         (beginning) 1 Jan 2018  see (a) below
AASB 2015-8  22 Oct 2015  F2015L01840     31 Dec 2016         (beginning) 1 Jan 2017  see (b) below
AASB 16      23 Feb 2016  F2016L00233     31 Dec 2018         (beginning) 1 Jan 2019  see (c) below
AASB 2016-3  11 May 2016  F2016L00825     31 Dec 2017         (beginning) 1 Jan 2018  see (d) below
AASB 1058    9 Dec 2016   F2017L00042     31 Dec 2018         (beginning) 1 Jan 2019  see (e) below
AASB 2016-7  9 Dec 2016   F2017L00043     31 Dec 2016         (beginning) 1 Jan 2017  see (f) below
AASB 2016-8  9 Dec 2016   F2017L00044     31 Dec 2018         (beginning) 1 Jan 2019  see (g) below
AASB 17      19 Jul 2017  F2017L01184     31 Dec 2022         (beginning) 1 Jan 2023  see (h) below
AASB 2018-4  4 Sept 2018  F2018L01392     31 Dec 2018         (beginning) 1 Jan 2019  see (i) below
AASB 2019-6  16 Dec 2019  F2020L00055     31 Dec 2019         (beginning) 1 Jan 2019  see (j) below
AASB 1060    6 Mar 2020   F2020L00288     30 Jun 2021         (beginning) 1 Jul 2021  see (k) below
AASB 2021-7  20 Dec 2021  F2021L01883     31 Dec 2021         (beginning) 1 Jan 2022  see (l) below
AASB 2022-3  3 May 2022   F2022L00705     30 Jun 2022         (beginning) 1 Jul 2022  see (m) below
AASB 2022-8  15 Dec 2022  F2023L00014     31 Dec 2022         (beginning) 1 Jan 2023  see (n) below
AASB 2022-9  15 Dec 2022  F2023L00015     30 Jun 2026         (beginning) 1 Jul 2026  not compiled*

* 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 2023 but before 1 July 2026.

   (a) AASB 15 applies to annual periods beginning on or after 1 January 2018 (instead of 1 January 2017) as a result of amendments made by AASB 2015-8 Amendments to Australian Accounting Standards – Effective Date of AASB 15. Earlier application is permitted.

   (b) Entities may elect to apply this Standard to annual periods beginning before 1 January 2017.

   (c) Earlier application is permitted, provided entities also apply AASB 15 Revenue from Contracts with Customers at or before the date of initial application of AASB 16 Leases.

   (d) Entities may elect to apply this Standard to annual periods beginning before 1 January 2018.

   (e) Earlier application is permitted, provided entities also apply AASB 15 to the same period.

   (f) AASB 2016-7 deferred the effective date