Open for Comment

Open for comment work-in-progress documents are proposal documents of various types for which the open-for-comment period either has not yet closed or has recently closed. The documents may be Proposed Agenda Decisions, Exposure Drafts, Draft Interpretations, Invitations to Comment or Discussion Papers. The documents retain the “open for comment” status until they are classified by the AASB staff as “pending” instead.

During the open-for-comment period for a document, links are provided to facilitate the provision of e-mail comments to the AASB and to other organisations (if relevant).

Comment letters are to be lodged with the AASB via the “Submit comments to AASB” button.  A PDF document must be lodged.  The AASB prefers that a Word document also be lodged, for internal use only.

Clicking on a detailed-view button [+] gives links to any related pronouncements (as at the date of issue of the proposal document), submission from the AASB and comment letters to the AASB. Typically, the submission and comment letters will appear on the website only after the proposal document has been classified as “pending”.

Invitation to Comment - ITC 55 Post-implementation Review of AASB 16 Leases - June 2025 - Open for comment

Download PDF - 517kB

Open for comment to AASB until 05 September 2025 and to IASB until 15 October 2025

Documents related to this Invitation to Comment:

Related pronouncement

AASB 16 Leases - November 2022 (Compilation)

Download PDF - 531kB

Applies to reporting periods beginning on or after 01 Jan 2024

Invitation to Comment - ITC 56 Post-implementation Review of Tier 2 and the Removal of Special Purpose Financial Statements for Certain For-Profit Private Sector Entities and Further Update of Tier 2 - September 2025 - Open for comment

Download PDF - 1742kB

Open for comment to AASB until 22 January 2026

Submit comments to AASB 

Documents related to this Invitation to Comment:

Related pronouncement

CF Conceptual Framework for Financial Reporting - December 2021 (Compilation)

Download PDF - 750kB

Applies to reporting periods beginning on or after 01 Jan 2022

Related pronouncement

AASB 1053 Application of Tiers of Australian Accounting Standards - May 2022 (Compilation)

Download PDF - 1893kB

Applies to reporting periods beginning on or after 01 Jul 2021 that end on or after 30 Jun 2022

Related pronouncement

AASB 1057 Application of Australian Accounting Standards - December 2022 (Compilation)

Download PDF - 1696kB

Applies to reporting periods beginning on or after 01 Jan 2023

Related pronouncement

AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities - March 2024 (Compilation)

Download PDF - 738kB

Applies to reporting periods beginning on or after 01 Jan 2024 that end on or after 30 Jun 2024

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