NOTES TO THE FINANCIAL STATEMENTS for the period ended 30 June 2012
Operative for reporting periods beginning on/ after
AASB 128
Investments in Associates and Joint Ventures
1 Jan 2013
This Standard supersedes AASB 128 Investments in Associates, introducing a number of changes to accounting treatments. The Standard was issued in August 2011. The Authority has not yet determined the application or the potential impact of the Standard. AASB 1053
Application of Tiers of Australian Accounting Standards
1 Jul 2013
This Standard establishes a differential financial reporting framework consisting of two tiers of reporting requirements for preparing general purpose financial statements. There is no financial impact. AASB 2009-11
Amendments to Australian Accounting Standards arising from AASB 9 [AASB 1, 3, 4, 5, 7, 101, 102, 108, 112, 118, 121, 127, 128, 131, 132, 136, 139, 1023 & 1038 and Int 10 & 12]
1 Jul 2013
[Modified by AASB 2010-7] AASB 2010-2
Amendments to Australian Accounting Standards arising from Reduced Disclosure Requirements [AASB 1, 2, 3, 5, 7, 8, 101, 102, 107, 108, 110, 111, 112, 116, 117, 119, 121, 123, 124, 127, 128, 131, 133, 134, 136, 137, 138, 140, 141, 1050 & 1052 and Int 2, 4, 5, 15, 17, 127, 129 & 1052] This Standard makes amendments to Australian Accounting Standards and Interpretations to introduce reduced disclosure requirements for certain types of entities. There is no financial impact.
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M R A A N N UA L R E P ORT | 31 D e c e mb e r 201 1 to 3 0 Ju ne 201 2
1 Jul 2013