Archived statements of accounting concepts

SAC 3 and SAC 4 were effective until the first reporting period beginning on or after 1 January 2005, when the Framework for the Preparation and Presentation of Financial Statements (the Australian equivalent to the IASB’s Framework) applies.

No. Title Date
SAC 3 Qualitative Characteristics of Financial Information Aug 1990
SAC 4 Definition and Recognition of the Elements of Financial Statements Mar 1995