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 34-35: Apply the comparative information requirements of the Standards adopted in the financial report and keep prior period comparatives for specific disclosures no longer required in the current period

What does 34-35 require?

Whatever comparative information requirements apply under the Accounting Standards used to prepare the financial report apply equally to the concise report. In addition, where a paragraph 28 to 32 item was required in the preceding period but is not required for the current period, the comparative for it must still be disclosed.

Maintained by Gerard Blokdyk

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AASB 18 Presentation and Disclosure in Financial Statements · 1 control

31-32 Give comparative information for every amount and, where needed for understanding, for narrative information, in each primary statement and the notes

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

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

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MCP endpoint All AASB 1039 Concise Financial Reports controls