AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities 179-184: Foreign currency and hyperinflation: disclose exchange differences in profit or loss (excluding those on instruments at fair value in profit or loss) and those accumulated in equity, the presentation currency, the functional currency and reasons where they differ, and any change of functional currency; an entity under AASB 129 discloses the restatement, the price index and its movements, the monetary gain or loss, and whether historical or current cost applies

What does 179-184 require?

The entity discloses the period's exchange differences taken to profit or loss, other than those on AASB 9 instruments carried at fair value with changes in profit or loss, and the exchange differences arising in the period that are classified in a separate equity component at period end. It states the presentation currency and, where that differs from the functional currency (the parent's, for a group), says so and gives the functional currency and why it presents in a different currency; a functional currency change for the reporting entity or for a significant foreign operation is disclosed with its reason. An entity to which AASB 129 applies discloses that the statements and prior period data are restated for movements in the functional currency's general purchasing power, which price index it uses and its level at the reporting date with movements in the current and previous periods, the gain or loss on monetary items, and whether the statements use a historical cost or a current cost approach.