Compilation details
Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting (as amended)
Compilation details are not part of AASB 1049.
This compiled Standard applies to annual reporting periods beginning on or after 1 January 2023. It takes into account amendments up to and including 8 December 2021 and was prepared on 6 June 2023 by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Accounting Standard made by the AASB. Instead, it is a representation of AASB 1049 (October 2007) as amended by other Accounting Standards, which are listed in the table below.
Table of Standards
Table of amendments to Standard
Table of amendments to illustrative examples
General terminology amendments
The following amendments made by AASB 2008-9 are not shown in the above tables of amendments:
(a) references to ‘financial report(s)’ were amended to ‘financial statements’, except in relation to specific Corporations Act references;
(b) references to ‘balance sheet(s)’ and ‘cash flow statement(s)’ were amended to ‘statement(s) of financial position’ and ‘statement(s) of cash flows’ respectively, except in relation to ABS GFS Manual references;
(c) references to ‘operating statement(s)’ were amended to ‘statement(s) of comprehensive income’; and
(d) the phrases ‘on the face(s) of’, ‘movements in equity’ and ‘transactions with owners as owners’ were amended to ‘in’, ‘changes in equity’ and ‘transactions with owners in their capacity as owners’ respectively.
The tables of amendments also do not show the amendments made by AASB 2011-13 that changed references to ‘other non-owner changes in equity’ and ‘other changes in equity’ to ‘other comprehensive income’.