AASB 1054 Australian Additional Disclosures
Framework and compliance disclosures for all financial statements (paragraphs 7 to 9) – AASB 1054 Australian Additional Disclosures

AASB 1054 Australian Additional Disclosures 9: Disclose whether the financial statements are general purpose or special purpose financial statements

What does 9 require?

The notes must state which of the two kinds of financial statements the entity has prepared. The statement is the hinge for the rest of the Standard: general purpose statements trigger paragraphs 7 to 17 in full, while special purpose statements trigger the paragraph 9A or 9C disclosures for the entities still allowed to prepare them.

Maintained by Gerard Blokdyk

What else in your programme already covers this

This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

AASB 18 Presentation and Disclosure in Financial Statements · 1 control

  • 113-116 Structure the notes systematically with basis of preparation and policies, required and necessary information, cross-references from the face, and the entity's domicile, activities, parent and life

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 Framework and compliance disclosures for all financial statements (paragraphs 7 to 9) – AASB 1054 Australian Additional Disclosures

Query this from an agent

The graph holds this control, the 1 it maps to, and the evidence behind each claim, over MCP and REST.

MCP endpointAll AASB 1054 Australian Additional Disclosures controls