Federal Register of Legislation F2026L01162
AASB 2026-4, scoped to your entity and your first period
Read from the real rules, not invented. Every answer points to the official paragraph behind it, so you can check any line yourself.
A free scope check and a 28 entry obligation register for the amendments that move superannuation and not-for-profit reporting onto AASB 18 and the revised AASB 107.
It amends seven Australian Accounting Standards. It binds Tier 1 general purpose reporters that are superannuation entities applying AASB 1056, not-for-profit entities, and governments applying AASB 1049, plus for-profit entities on the narrow AASB 1039 and AASB 1054 track. The main amendments commence on 31 December 2027, and the first annual periods they cover begin on or after 1 January 2028. The narrow for-profit track commences on 31 December 2026 and applies to periods beginning on or after 1 January 2027. The register is free to read. The kit is USD 799 one off, and the change watch is USD 49 a month.
No sign-in for the check. No model call at runtime. Record retrieved 2026-10-20.
- 31 December
2026For-profit track opensParagraph 26 and the AASB 1039 and AASB 1054 amendments for for-profit entities, other than a superannuation entity applying AASB 1056. - 31 December
2027Superannuation and NFP commencementEvery other paragraph, including the AASB 18 and AASB 107 changes. - 1 January
2028First annual periods coveredA period that begins on or after this date. A June year end moves to the period beginning 1 July 2028.
The two dates people confuse
Commencement is a legal event. Application is a test on the first day of your annual period. A plan that carries one date carries the wrong one.
31 December 2027
Commencement
The instrument commences. For a not-for-profit entity or a superannuation entity applying AASB 1056 this is the legal start of the amendments, not the first financial year they touch.
1 January 2028
Application
The first annual periods covered begin on or after this date. A 30 June reporter is first affected in the year beginning 1 July 2028. Its comparative year also needs the same presentation.
What actually changes
Six changes carry most of the work. Each one is a page in the register with the evidence an auditor will ask for.
Superannuation presentation
The AASB 1056 format replaces the AASB 18 category model. The category subtotals come out, and every relevant AASB 1056 line stays in.
Read paragraph Aus47.1Not-for-profit reliefs
Public sector entities outside higher education can elect relief from the category model, the expense basis and the performance measure note.
Read paragraph Aus47.2Cash flow classification
Superannuation and public sector entities may classify interest and dividends as operating cash flows, consistently from period to period.
Read paragraph Aus34D.1Indirect method start
Where there is no operating subtotal, the reconciliation starts at the profit or loss total, with the specified adjustments.
Read paragraph Aus20.1Reconciliation destination
The direct method reconciliation goes to the operating subtotal, or to the profit or loss total for the entities that do not present one.
Read paragraph 16Member benefits statement
The statement of changes in member benefits becomes a primary statement, so comparatives, labels and aggregation come into scope.
Read paragraph 12AHow the free check answers
Six facts, one deterministic result. The engine reads the record, not a language model.
Pick the entity group
Superannuation, NFP private, NFP public sector, higher education provider, government or for-profit. The paragraph set differs for each.
Confirm the tier
The instrument is relevant to Tier 1 general purpose statements. A Tier 2 or special purpose reporter is told plainly that it is outside.
Enter the period start
The engine finds the first annual period beginning on or after the application date and returns its end date.
Answer the method and elections
The cash flow method and the policy elections decide the remaining paragraphs. Undecided elections return a conditional answer, never a default.
The register
One page per paragraph that places a duty, a permission or a date. The citation is the reference; the requirement is in plain English.
Free answer, paid workpaper
The check tells you what binds you. The kit is the register you hand to a preparer and an auditor.
USD 799
one off, kit
- The full 28 entry obligation register
- Evidence list with an artefact for every paragraph
- Plan with owner and due date columns to complete
- PDF, CSV and XLSX, ready for the audit file
USD 49
a month, change watch
- Email when the official text changes
- Email when guidance or a date changes
- The diff, not a summary
- Cancel any time through Stripe
Both routes go straight to Stripe Checkout. No account is created first. Prices are in US dollars.
Questions people ask
What is AASB 2026-4?
It is an Australian Accounting Standard that amends seven standards so AASB 18 and the revised AASB 107 apply properly to superannuation entities and not-for-profit entities, and so the operating cash flow reconciliation starts from the right profit figure. Its Federal Register identifier is F2026L01162.
When does AASB 2026-4 start?
The main amendments commence on 31 December 2027 for not-for-profit entities and superannuation entities applying AASB 1056. The first annual periods they cover begin on or after 1 January 2028. The AASB 1039 and AASB 1054 amendments have a for-profit track that commences on 31 December 2026 and applies to periods beginning on or after 1 January 2027.
Who does AASB 2026-4 bind?
It reaches Tier 1 general purpose reporters in these groups: superannuation entities applying AASB 1056, not-for-profit private sector entities, not-for-profit public sector entities, public sector higher education providers and governments applying AASB 1049. For-profit entities are reached only by the narrow AASB 1039 and AASB 1054 track, which is a substantive change to the concise report exemption and the reconciliation destination.
Does the free check cost anything?
No. The check returns the paragraphs that bind your entity, the first annual period affected and the evidence to keep. The paid kit adds the full obligation register, evidence list and plan as PDF, CSV and XLSX. The change watch is a separate monthly subscription.
How much is the kit?
The kit is USD 799 one off. The change watch is USD 49 a month. Both are bought in one step through Stripe, with no account to create first.