Financial ServicesAustralia
AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities
What is AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities?
The Australian Tier 2 disclosure Standard: the complete set of financial statements and their minimum line items, the notes, the compliance statement and going concern disclosures, the Australian audit fee and imputation credit disclosures, the topic-by-topic disclosures that replace the Tier 1 disclosure Standards (financial instruments, leases, revenue, income tax, employee benefits, related parties and the rest), the transition reconciliations, and the extra disclosures for the public sector and for not-for-profit entities. It comprises 41 controls organised across 4 domains, and applies in Australia.
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What AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities means in your sector
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What AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities means for your job
AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for CISOs→AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for Compliance Officers→AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for Risk Managers→AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for IT Directors→AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for DPOs→AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities for Auditors→
Questions people ask about AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities
What is AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities?
The Australian Tier 2 disclosure Standard: the complete set of financial statements and their minimum line items, the notes, the compliance statement and going concern disclosures, the Australian audit fee and imputation credit disclosures, the topic-by-topic disclosures that replace the Tier 1 disclosure Standards (financial instruments, leases, revenue, income tax, employee benefits, related parties and the rest), the transition reconciliations, and the extra disclosures for the public sector and for not-for-profit entities.
How many controls does AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities have?
AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities contains 41 controls organized across 4 domains.
Where does AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities apply?
AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities applies in Australia. Organizations operating in or serving customers in this jurisdiction should check whether its requirements reach them.
Which version of AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities is covered here?
This page covers Compiled AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities, Compilation No. 8, Authorised Version F2026C00248 registered 26 March 2026 (compilation date 31 December 2025; incorporating amendments to 19 August 2025; applies to annual periods starting from 1 January 2026); principal Standard F2020L00288 made 6 March 2020.
Query AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities programmatically
AASB 1060 General Purpose Financial Statements Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities, its 41 controls and every mapping into other standards are available over a REST endpoint and an MCP server, so an agent can read them directly. The free tier is 10 calls a day and needs no signup.
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Written and maintained by Gerard Blokdyk, The Art of Service.Last updated .