AASB 1004 - Contributions - December 2007 (Cth)

Compiled AASB Standard AASB 1004

Contributions

This compiled Standard applies to annual reporting periods beginning on or after 1 July 2021. Earlier application is permitted for annual reporting periods beginning on or after 1 January 2014 but before 1 July 2021. It incorporates relevant amendments made up to and including 6 March 2020.

Prepared on 21 July 2021 by the staff of the Australian Accounting Standards Board.

Compilation no. 4

Compilation date: 30 June 2021

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COPYRIGHT © Commonwealth of Australia 2021 This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission. Requests and enquiries concerning reproduction and rights should be addressed to The National Director, Australian Accounting Standards Board, PO Box 204, Collins Street West, Victoria 8007.

Contents

Comparison With International Pronouncements Accounting Standard

AASB 1004 Contributions

from paragraph APPLICATION 6 PARLIAMENTARY APPROPRIATIONS TO GOVERNMENT DEPARTMENTS 32 LIABILITIES OF GOVERNMENT DEPARTMENTS ASSUMED BY OTHER ENTITIES 39 CONTRIBUTIONS BY OWNERS AND DISTRIBUTIONS TO OWNERS OF LOCAL GOVERNMENTS, GOVERNMENT DEPARTMENTS AND WHOLE OF GOVERNMENTS 48 RESTRUCTURE OF ADMINISTRATIVE ARRANGEMENTS 54 APPENDICIES A Defined terms B Australian simplified disclosures for Tier 2 entities COMPILATION DETAILS