Document ID: chunk:federal_register_of_legislation:F2022C01110:reg:1:p11
Version: federal_register_of_legislation:F2022C01110
Segment Type: reg
Provision Reference: reg 1 (pt 11/11)
Character Range: 35715–37337

in this Standard (and of AASB 15) to 1 January 2018.
   (d) Entities may elect to apply this Standard to annual reporting periods beginning on or after 1 January 2014 but before 1 July 2015.
   (e) The amendments made by AASB 2014-5 are no longer required to apply to annual reporting periods beginning on or after 1 January 2017 but before 1 January 2018, as a consequence of AASB 2015-8 deferring the effective date of AASB 15 (and its consequential amendments in AASB 2014-5) from 1 January 2017 to 1 January 2018.
   (f) AASB 2016-7 deferred the effective date of AASB 15 (and its consequential amendments in AASB 2014-5) for not-for-profit entities to annual reporting periods beginning on or after 1 January 2019, instead of 1 January 2018.  However, earlier application of AASB 1053 (2010) incorporating the text that relates to AASB 15 is permitted, provided that AASB 15 is also applied.
   (g) Entities may elect to apply this Standard to annual periods beginning before 1 January 2020.
   (h) Entities may elect to apply this Standard to annual periods beginning before 1 July 2021.
   (i) Entities may elect to apply this Standard to annual periods beginning before 1 July 2021 provided that AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities is also applied to the same period.
   (j) Entities may elect to apply this Standard to annual periods ending before 30 June 2022.

Table of amendments to Standard
Paragraph affected            How affected  By … [paragraph/page]

AusCF1                        added         AASB 2019-1 [page 27]