Practice Statements


Practice Statement

Title

Issuance Date

Effective Date

Consequential Amendments 

Explanatory

MFRS

PS 1

Management Commentary
[Formerly known as Statement of Principles 3 Management Commentary]

28 February 2013

28 February 2013

-

BC

MFRS

PS 2

Making Materiality Judgements

30 November 2017

30 November 2017

Definition of Material

BC

 

Amendments to References to the Conceptual Framework in MFRS Standards

30 April 2018

1 January 2020

 -

-

 

Disclosure of Accounting Policies (Amendments to MFRS 101)

15 March 2021

1 January 2023

-

Amendments to BC