AASB 1039 - Concise Financial Reports - August 2008 (Cth)

Compiled AASB Standard AASB 1039

Concise Financial Reports

This compiled Standard applies to annual reporting periods beginning on or after 1 January 2022. Earlier application is permitted for annual reporting periods beginning on or after 1 January 2014 but before 1 January 2022. It incorporates relevant amendments made up to and including 20 December 2021.

Prepared on 7 April 2022 by the staff of the Australian Accounting Standards Board.

Compilation no. 6

Compilation date: 31 December 2021

Obtaining copies of Accounting Standards Compiled versions of Standards, original Standards and amending Standards (see Compilation Details) are available on the AASB website: www.aasb.gov.au.

Australian Accounting Standards Board PO Box 204 Collins Street West Victoria 8007 AUSTRALIA

Phone: (03) 9617 7600 E-mail: standard@aasb.gov.au Website: www.aasb.gov.au

Other enquiries Phone: (03) 9617 7600 E-mail: standard@aasb.gov.au

COPYRIGHT

© Commonwealth of Australia 2022

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. Reproduction within Australia in unaltered form (retaining this notice) is permitted for personal and non-commercial use subject to the inclusion of an acknowledgment of the source. Requests and enquiries concerning reproduction and rights for commercial purposes should be addressed to The National Director, Australian Accounting Standards Board, PO Box 204, Collins Street West, Victoria 8007.

Contents

Accounting Standard

AASB 1039 Concise Financial Reports

from paragraph Application 1 Operative Date 6 Purpose of Standard 9 Preparation and Presentation 12 Financial Statements 18 Specific Disclosures 28 Relationship to Financial Report 33 Comparative Information 34 Definitions 36 COMPILATION DETAILS