27 paragraphs found in AASB 1050
The objective of this Standard is to specify requirements for government departments relating to administered items. Disclosures made in accordance with this Standard provide users with information relevant to assessing the performance of a government …
This Standard applies to general purpose financial statements of government departments. …
This Standard applies to annual reporting periods beginning on or after 1 July 2008. [Note: For application dates of paragraphs changed or added by an amending Standard, see Compilation …
This Standard may be applied to annual reporting periods beginning on or after 1 January 2005 but before 1 July 2008, provided there is early adoption for the same annual reporting period of the following pronouncements being issued at about the same …
When applicable, this Standard, together with the Standards referred to in paragraph 4 , supersede AAS 29 Financial Reporting by Government Departments as issued in June 1998, as …
A government department shall disclose the following in its complete set of financial statements in relation to activities administered by the government department: (a) administered income, showing separately: (i) each major class of income; and (ii) in …
AASB 1052 specifies requirements for the disclosure of income and expenses attributable to a government department’s activities. The principles in that Standard are applied in disclosing administered income and expenses reliably attributable to activities …
A government department’s operating statement only recognises income and expenses of the government department. Similarly, a government department’s statement of financial position only recognises assets that the government department controls and …
Items recognised in the statement of financial position include the assets and liabilities of the trusts that the government department controls and from whose activities the government department obtains …