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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 

 
Financial Instrument Disclosures 
as reported in ANT49/2006 
 
Q: In the latest compiled version of AASB 132 I notice all the disclosure requirements previously contained in paragraphs 51-95 have been deleted. Does that mean I no longer have to provide all these disclosures relating to the risks the entity faces? 
 
A: No. This version of AASB 132 applies on or after 1 January 2007 and must be read in conjunction with the new AASB 7 “Financial instruments: Disclosures”, which is also operative on that date. 
 
AASB 7 was issued by the AASB and IASB in August 2005. This standard moved the disclosure requirements contained in paragraphs 51-95 of the former AASB 132 “Financial Instruments: Disclosure and Presentation” into AASB 7 so as to include all financial instrument disclosures in one place. The relevant paragraphs of AASB 132 were deleted via AASB omnibus 2005-10 so that AASB 132 now contains only presentation requirements for financial instruments. As a result it was also renamed AASB 132 “Financial Instruments: Presentation”.