AASB 1039 Concise Financial Reports
Relationship to the financial report, comparative information and definitions (paragraphs 33 to 37) – AASB 1039 Concise Financial Reports

AASB 1039 Concise Financial Reports 33: Display on the first page a prominent statement that the concise report is an extract derived from the financial report, gives a less complete understanding, and that the full report is available free on request

What does 33 require?

The opening page of the concise financial report must carry a prominent advice making four points: the concise report is extracted from the full financial report; its statements and specific disclosures come from that report; it will not give as complete a picture of performance, position, financing and investing as the full report does; and more financial information is in the full report, which members can obtain from the entity free of charge on request.

Maintained by Gerard Blokdyk

What else in your programme already covers this

This control maps to 2 controls across 2 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

  • s314-317 ss 314 to 317 Report to members by the deadline and lay reports before the AGM
  • A32 Form of published statements and the content of an abridged publication

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Relationship to the financial report, comparative information and definitions (paragraphs 33 to 37) – AASB 1039 Concise Financial Reports

Query this from an agent

The graph holds this control, the 2 it maps to, and the evidence behind each claim, over MCP and REST.