104 paragraphs found in AASB 1056
The objective of this Standard is to specify requirements for the general purpose financial statements of superannuation entities with a view to providing users with information useful for decision making in a superannuation entity …
AusCF paragraphs included in this Standard apply only to: (a) not-for-profit entities; and (b) for-profit entities that are not applying the Conceptual Framework for Financial Reporting (as identified in AASB 1048 Interpretation of Standards ). Such …
This Standard applies to annual reporting periods beginning on or after 1 July 2023 that end on or after 31 December 2023. …
This Standard may be applied to annual reporting periods beginning before 1 July 2023. When an entity applies this Standard to such an annual reporting period, it shall disclose that …
When applied or operative, this Standard supersedes AAS 1056 Superannuation Entities as issued in June 2014 (as amended). …
Unless otherwise specified in this Standard, the financial statements of a superannuation entity shall be prepared in accordance with other applicable Australian Accounting …
Except in specified circumstances, this Standard requires a superannuation entity to apply other applicable Australian Accounting Standards. One of the main exceptions is to require most assets to be measured at fair …
A superannuation entity shall present: (a) a statement of financial position as at the end of the reporting period; (b) an income statement for the period; (c) a statement of changes in equity/reserves for the period; (d) a statement of cash flows for the …
The income statement shall include line items that present, when applicable, the following amounts for the period: (a) income, in aggregate or subclassified, subject to paragraph 10 ; (b) expenses, in aggregate or subclassified, subject to paragraph 10 ; …