67 paragraphs found in AASB 1053
A for-profit private sector entity that: (a) prepared its most recent previous annual financial statements in compliance with Tier 2 reporting requirements, including an explicit and unreserved statement of compliance with Tier 2 reporting …
Entities that are applying AASB 1060 shall provide the disclosures required under AASB 1060 paragraphs 206–213 if they are applying paragraph 18A(a)(i) or 18A(b)(i) , or the disclosures required under AASB 1060 paragraphs 106–110 if they are applying …
Paragraph 18A(a) addresses where an entity has not applied, or only selectively applied, applicable recognition and measurement requirements, rather than whether the entity had made an explicit and unreserved statement of compliance with such …
Subject to paragraphs 19A and 21 , an entity that: (a) has applied Tier 1 reporting requirements or IFRSs in a previous reporting period; but (b) whose most recent previous annual financial statements did not contain an explicit and unreserved statement …
Compliance with Tier 1 reporting requirements is a reference to compliance with Australian Accounting Standards (Tier 1). …
An entity that is to claim IFRS compliance on resuming Tier 1 reporting requirements under paragraph 19 , shall not use the AASB 1 option for retrospective application of Australian Accounting Standards in accordance with AASB 108 if it was not previously …
Subject to paragraph 23 , an entity that: (a) has applied Tier 2 reporting requirements [4] in a previous reporting period; but (b) whose most recent previous annual financial statements did not contain an explicit and unreserved statement of compliance …
Entities described in paragraph 19B(a)-(c) resume the application of Tier 2 reporting requirements effectively using the same approach as an entity would for first transitioning from special purpose financial statements to Tier 2 reporting requirements …
An entity transitioning from Tier 2 to Tier 1 shall: (a) apply AASB 1 [6] , if it is claiming compliance with IFRSs; and (b) not apply AASB 1 , if it is a not-for-profit entity not claiming compliance with …
In relation to paragraph 21(a) , entities claiming compliance with IFRSs (which would include for-profit entities applying Tier 1 reporting requirements) need to apply the relevant requirements of AASB 1 . This is because, in previously applying Tier 2 …