Document ID: chunk:federal_register_of_legislation:F2022L01041:front:0:p3
Version: federal_register_of_legislation:F2022L01041
Segment Type: other
Provision Reference: 
Character Range: 6050–7465

of the financial statements to understand the material accounting policies applied in the financial statements, changes in those policies and whether or not the policies comply with all the recognition and measurement requirements in Australian Accounting Standards; and
          (b)                   AASB 1057, to extend the set of entities to which AASB 1057 and AASB 1054 apply. This is necessary in order to give effect to the amendments described in paragraph (a).

Application
     2                        The amendments set out in this Standard apply to entities and financial statements in accordance with the application of AASB 1054 and AASB 1057.
     3                        This Standard applies to annual periods ending on or after 30 June 2022. This Standard may be applied to annual periods ending before 30 June 2022.
     4                        This Standard uses underlining, striking out and other typographical material to identify some of the amendments to AASB 1057, in order to make the amendments more understandable. However, the amendments made by this Standard do not include that underlining, striking out or other typographical material. Amended paragraphs are shown with deleted text struck through and new text underlined. Ellipses (…) are used to help provide the context within which amendments are made and also to indicate text that is not amended.

Amendments to AASB 1054