AASB 2018-3 Amendments to Australian Accounting Standards – Reduced Disclosure Requirements is now available on the AASB website. It is effective for annual periods beginning on or after 1 January 2019.
This Standard makes amendments to AASB 16 Leases (February 2016) and AASB 1058 Income of Not-for-Profit Entities (December 2016). These amendments establish Reduced Disclosure Requirements for entities preparing general purpose financial statements under Australian Accounting Standards – Reduced Disclosure Requirements.