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AASB 7 - Financial Instruments: Disclosure
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Summary 
Developments, Key Differences & History 
Compared to IFRS 
Interpretations 
Rejection Notices 
Questions & Answers 
Articles 
AASB website 

 
Additions 
Aus 2.1  
Which entities AASB 7 applies to (ie. reporting entities and general purpose financial reports) 
 
Aus 2.2  
The application date of AASB 7 
 
Aus 2.3  
Permits early application of AASB 7 from 1 January 2005 
 
Aus 2.4  
Makes the requirements of AASB 7 subject to AASB 1031 Materiality 
 
Aus 2.5  
Explains which Australian Accounting Standards have been superseded by AASB 7 
 
Aus 2.6  
Clarifies that the superseded Australian Standards remain in force until AASB 7 applies 
 
Aus 2.7  
Notes that the Standard will be registered on the Federal Register of Legislative Instruments 
 
Aus 2.8  
Requires that notwithstanding paragraph Aus2.3, an entity shall apply the Standard as amended by Appendix D if an entity applies the Standard to annual reporting periods beginning before 1 January 2006 and does not apply AASB 139 as amended by AASB 2005-4. 
 
Deletions 
43 
Effective date of IFRS 7 
 
44  
Effective date of IFRS 7  
 
45  
Withdrawal of IAS 30