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December 2023 Tier 1 financial reporting checklist

Financial reporting periods beginning ending on or after 31 December 2023

A guide to required accounting, presentation and disclosure under International Financial Reporting Standards (IFRS® Accounting Standards) and Australian specific requirements for Tier 1 entities.

This workbook may be used as a guide to assist in considering compliance with the requirements of Australian Accounting Standards and International Financial Reporting Standards (IFRS Accounting Standards) for 'Tier 1' financial statements (as defined in AASB 1053 Application of Tiers of Australian Accounting Standards).  The workbook also covers the requirements for remuneration reports under the Corporations Act 2001.

The workbook applies to for-profit sector entities for annual reporting periods ending on or after 31 December 2023 but before 31 December 2024.  This checklist includes the requirements of all pronouncements applicable for those periods, including amendments that have become applicable for the first time during those periods.  Accordingly, this checklist includes the requirements of AASB 17 Insurance Contracts.

By downloading this workbook you confirm you have read and agree to the below.


The Excel workbook contains general information only, and none of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms or their related entities (collectively, the “Deloitte organisation”) is, by means of this Excel workbook, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser.

No representations, warranties or undertakings (express or implied) are given as to the accuracy or completeness of the information in this Excel workbook, and none of DTTL, its member firms, related entities, employees or agents shall be liable or responsible for any loss or damage whatsoever arising directly or indirectly in connection with any person relying on this Excel workbook. DTTL and each of its member firms, and their related entities, are legally separate and independent entities. 

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