Document ID: chunk:federal_register_of_legislation:F2021C00192:body:0:p48
Version: federal_register_of_legislation:F2021C00192
Segment Type: other
Provision Reference: 
Character Range: 130144–133260

This compilation is not a separate Accounting Standard made by the AASB.  Instead, it is a representation of AASB 139 (August 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 139     14 Aug 2015  F2015L01609     31 Dec 2017         (beginning) 1 Jan 2018  see (a) below
AASB 2016-7  9 Dec 2016   F2017L00043     31 Dec 2016         (beginning) 1 Jan 2017  see (b) below
AASB 2019-1  21 May 2019  F2019L00966     31 Dec 2019         (beginning) 1 Jan 2020  see (c) below
AASB 2019-3  14 Oct 2019  F2019L01442     31 Dec 2019         (beginning) 1 Jan 2020  see (c) below
AASB 2020-8  17 Sep 2020  F2020L01241     31 Dec 2020         (beginning) 1 Jan 2021  see (d) below

   (a) Entities may elect to apply this Standard to annual periods beginning after 24 July 2014 but before 1 January 2018.
   (b) AASB 2016-7 deferred the effective date of AASB 15 Revenue from Contracts with Customers (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 139 (2015) incorporating the text that relates to AASB 15 is permitted, provided that AASB 15 is also applied.
   (c) Entities may elect to apply this Standard to annual periods beginning before 1 January 2020.
   (d) Entities may elect to apply this Standard to annual periods beginning before 1 January 2021.

Table of amendments
Paragraph affected          How affected  By … [paragraph/page]
 AusCF1                     added         AASB 2019-1 [page 24]
 102A-102N (and headings)   added         AASB 2019-3 [page 8]
 102M                       amended       AASB 2020-8 [page 12]
 102O-102Z3 (and headings)  added         AASB 2020-8 [page 12]
 108G                       added         AASB 2019-3 [page 10]
 108H-108K                  added         AASB 2020-8 [page 14]
 Aus110.1                   repealed      Legislation Act 2003, s. 48D

Deleted IAS 39 text
Deleted IAS 39 text is not part of AASB 139.
103A An entity shall apply the amendment in paragraph 2(j) for annual periods beginning on or after 1 January 2006. If an entity applies IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds for an earlier period, this amendment shall be applied for that earlier period.
103C IAS 1 (as revised in 2007) amended the terminology used throughout IFRSs. In addition it amended paragraphs 95(a), 97, 98, 100, 102, 108 and AG99B. An entity shall apply those amendments for annual periods beginning on or after 1 January 2009. If an entity applies IAS 1 (revised 2007) for an earlier period, the amendments shall be applied for that earlier period.
103E IAS 27 (as amended in 2008) amended paragraph