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AASB 127
Standards/Accounting & Auditing as made
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This standard prescribes the accounting and disclosure requirements for investments in subsidiaries, joint ventures and associates when an entity prepares separate financial statements. This standard applies for annual periods beginning on or after 1 January 2016. Earlier application is permitted for periods beginning after 1 January 2014 but before 1 January 2016. If an entity applies this standard earlier, it shall disclose that fact and apply AASB 10, AASB 11, AASB 12 and AASB 128 at the same time.
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Administered by: Treasury
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Exempt from sunsetting by the Legislation (Exemptions and Other Matters) Regulation 2015 s12 item 18
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