Compilation details
Statement of Accounting Concepts SAC 1 Definition of the Reporting Entity (as amended)
Compilation details are not part of SAC 1
This compiled Statement applies to annual periods beginning on or after 1 July 2029. It takes into account amendments up to and including 21 April 2026 and was prepared on XXX by the staff of the Australian Accounting Standards Board (AASB).
This compilation is not a separate Statement of Accounting Concepts issued by the AASB. Instead, it is a representation of SAC 1 (August 1990) as amended by other pronouncements, which are listed in the table below.
Table of pronouncements
Table of amendments
