Grant Thornton has developed the financial reporting factsheets listed below for CPA Australia, providing a high level overview of the requirements set out in International Financial Reporting Standards (IFRS).

In addition to including requirements in IFRS that are used as the basis for Australian Accounting Standards (AAS) issued by the Australian Accounting Standards Board (AASB), the factsheets also include Australian specific requirements included in AAS.

These factsheets also cover Australian specific AAS that have been developed and issued by the AASB to deal with Australian specific financial reporting requirements not addressed through the IFRS framework.  The factsheets reflect requirements in IFRS and AAS as at 31 December 2015.

• IAS 1 / AASB 101 Presentation of Financial Statements [ 655 kb ]
• IAS 2 / AASB 102 Inventories [ 586 kb ]
• IAS 7 / AASB 107 Statement of Cash Flows [ 1036 kb ]
• IAS 8 / AASB 108 Accounting Policies, Changes in Accounting Estimates and Errors [ 609 kb ]
• IAS 10 / AASB 110 Events after the Reporting Period [ 1022 kb ]
• IAS 11 / AASB 111 Construction Contracts [ 579 kb ]
• IAS 12 / AASB 112 Income Taxes [ 620 kb ]
• IAS 16 / AASB 116 Property, Plant and Equipment [ 626 kb ]
• IAS 17 / AASB 117 Leases [ 613 kb ]
• IAS 18 / AASB 118 Revenue [ 585 kb ]
• IAS 19 / AASB 119 Employee Benefits [ 627 kb ]
• IAS 20 / AASB 120 Accounting for Government Grants and Disclosure of Government Assistance   [ 582 kb ]
• IAS 21 / AASB 121 The Effects of Changes in Foreign Exchange Rates [ 595 kb ]
• IAS 23 / AASB 123 Borrowing Costs [ 583 kb ]
• IAS 24 / AASB 124 Related Party Disclosures [ 592 kb ]
• IAS 27 / AASB 127 Separate Financial Statements [ 593 kb ]
• IAS 28 / AASB 128 Investments in Associates and Joint ventures [ 128 kb ]
• IAS 29 / AASB 129 Financial Reporting in Hyperinflationary Economies [ 589 kb ]
• IAS 32 / AASB 132 Financial instruments: Presentation [ 128 kb ]
• IAS 33 / AASB 133 Earnings per Share [ 593 kb ]
• IAS 34 / AASB 134 Interim Financial Reporting [ 605 kb ]
• IAS 36 / AASB 136 Impairment of Assets [ 630 kb ]
• IAS 37 / AASB 137 Provisions, Contingent Liabilities and Contingent Assets [ 594 kb ]
• IAS 38 / AASB 138 Intangible Assets [ 619 kb ]
• IAS 39 / AASB 139 Financial Instruments: Recognition and Measurement [ 139 kb ]
• IAS 40 / AASB 140 Investment Property [ 612 kb ]
• IAS 41 / AASB 141 Agriculture [ 607 kb ]

   

• IFRS 1 / AASB 1 First-time Adoption of International Financial Reporting Standards [ 620 kb ]
• IFRS 2 / AASB 2 Share-based Payment [ 619 kb ]
• IFRS 3 / AASB 3 Business Combinations [ 628 kb ]
• IFRS 4 / AASB 4 Insurance Contracts [ 605 kb ]
• IFRS 5 / AASB 5 Non-current Assets Held for Sale and Discontinued Operations [ 601 kb ]
• IFRS 6 / AASB 6 Exploration for and Evaluation of Mineral Resources [ 595 kb ]
• IFRS 7 / AASB 7 Financial Instruments: Disclosures [ 715 kb ]
• IFRS 8 / AASB 8 Operating Segments [ 622 kb ]
• IFRS 9 / AASB 9 Financial Instruments [ 159 kb ]
• IFRS 10 / AASB 10 Consolidated Financial Statements [ 149 kb ]
• IFRS 11 / AASB 11 Joint Arrangements [ 136 kb ]
• IFRS 12 / AASB 12 Disclosure of Interest in Other Entities [ 660 kb ]
• IFRS 13 / AASB 13 Fair Value Measurement [ 633 kb ]
• IFRS 14 / AASB 14 Regulatory Deferral Accounts [ 610 kb ]
• IFRS 15 / AASB 15 Revenue from Contracts with Customers [ 716 kb ]

   

• AASB 1004 Contributions [ 613 kb ]
• AASB 1023 General Insurance Contracts [ 641 kb ]
• AASB 1038 Life Insurance Contracts [ 729 kb ]
• AASB 1039 Concise Financial Reports [ 608 kb ]
• AASB 1048 Interpretation of Standards [ 117 kb ]
• AASB 1049 Whole of Government and General Government Sector Financial Reporting [ 621 kb ]
• AASB 1050 Administered Items [ 586 kb ]
• AASB 1051 Land Under Roads [ 590 kb ]
• AASB 1052 Disaggregated Disclosures [ 591 kb ]
• AASB 1053 Application of Tiers of Australian Accounting Standards [ 136 kb ]
• AASB 1054 Australian Additional Disclosures [ 592 kb ]
• AASB 1055 Budgetary Reporting [ 590 kb ]
• AASB 1056 Superannuation Entities [ 607 kb ]