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This article applies to:

  • Product: ONESOURCE Statutory Reporting
  • Subject: Templates

Version 14 - June 2026 (template release)

Template release pack

This release focuses on the legislative content changes and correction updates for the period ending June 2026. The template is available on platform 6.28.9259 / 6.29.9459 / 6.30.9574 / 6.31.9627 / 6.32.9713 / 6.33.9810 / 6.34.9900.

Release notes

  • Period ended: June 2026
  • Update type: Major (Legislative and Corrections).
Overview
This Australia Simplified Disclosure Template Content Version 14.0 is a Major release that includes important legislative updates and IFRS-alignment changes, along with features and corrections.
Key legislative updates in this version are effective for annual periods beginning on or after
July 2025
 for new standards and amendments. These updates include:
  • AASB 2024-2:
     Amendments to Australian Accounting Standards - Classification and Measurement of Financial Instruments
  • AASB 2025-2:
     Amendments to Australian Accounting Standards - Classification and Measurement of Financial Instruments: Tier 2 Disclosures
  • AASB 2025-1 and AASB 2025-3:
     Amendments to AASs - Contracts Referencing Nature-dependent Electricity [AASB 7 and AASB 9]
  • AASB 2025-3:
     Amendments to AASs - Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures
Key legislative updates in this version are effective for annual periods beginning on or after
July 2026
 for forthcoming requirements. These updates include:
  • AASB 2022-9:
     Amendments to Australian Accounting Standards - Insurance Contracts in the Public Sector
  • AASB 18:
     Presentation and Disclosure in Financial Statements
  • AASB 2014-10:
     Amendments to AASs - Sale or Contribution of Assets between an Investor and its Associate or Joint Venture
This version 14.0 has been released on platforms 6.28.9259, 6.29.9459, 6.30.9574, 6.31.9627, 6.32.9713, 6.33.9810 and 6.34.9900.
Legislative update information
Accounting Reference Number
Details
AASB 2024-2
Amendments to Australian Accounting Standards - Classification and Measurement of Financial Instruments
The new requirements will be applied retrospectively with an adjustment to opening retained earnings. Prior periods are not required to be restated and can only be restated without using hindsight. An entity is required to disclose information about financial assets that change their measurement category due to the amendments.
AASB 2025-2
Amendments to Australian Accounting Standards - Classification and Measurement of Financial Instruments: Tier 2 Disclosures
Require a Tier 2 entity to disclose information about financial instruments with contingent features that do not relate directly to basic lending risks and costs. Renumber the supplier finance arrangement disclosures and relocate them from the "Basic Financial Instruments" section of the Standard to the "Statement of Cash Flows" section.
AASB 2025-1 and AASB 2025-3
Amendments to AASs - Contracts Referencing Nature-dependent Electricity [AASB 7 and AASB 9]
Contracts referencing nature-dependent electricity (e.g., wind, solar) can qualify for the own-use exception under AASB 9 if the entity remains a net purchaser over the contract period (i.e., the entity buys sufficient electricity to offset any sales of unused electricity). Entities can now designate contracts referencing nature-dependent electricity as hedging instruments and designate a variable nominal amount of forecast electricity transactions as the hedged item if specific criteria are met. Amendments to AASB 7 add new disclosure requirements to enable users of financial statements to better understand the effect of these contracts on an entity's financial performance and cash flows.
AASB 2025-3
Amendments to AASs - Contracts Referencing Nature-dependent Electricity: Tier 2 Disclosures
Require a Tier 2 entity to disclose information about nature-dependent electricity contracts that meet the 'own-use' criteria and are recognised as procurement contracts.
AASB 2022-9
Amendments to Australian Accounting Standards - Insurance Contracts in the Public Sector
Public sector entities are required to apply AASB 17 Insurance Contracts for annual reporting periods beginning on or after 1 July 2026. AASB 2022-9 outlines modifications to the standard AASB 17 which apply only to public sector entities. Effective for annual reporting periods beginning on or after 1 July 2026, with earlier application permitted.
AASB 18
Presentation and Disclosure in Financial Statements
AASB 18 will replace AASB 101 Presentation of Financial Statements and retrospective application will be required. The key presentation and disclosure requirements established by AASB 18 are:
  • New structure for the statement of profit or loss
  • Disclosure of management-defined performance measures (MPMs)
AASB 2014-10
Amendments to AASs - Sale or Contribution of Assets between an Investor and its Associate or Joint Venture
The amendments to AASB 10 Consolidated Financial Statements and AASB 128 Investments in Associates and Joint Ventures clarify that a full gain or loss is recognised when a transfer to an associate or joint venture involves a business as defined in AASB 3 Business Combinations. Any gain or loss resulting from the sale or contribution of assets that does not constitute a business, however, is recognised only to the extent of unrelated investors' interests in the associate or joint venture.
Corrections
Item ID
Title
Details and limitations
5439763
Note Numbers & Continued Headers
Made amendments to the XML so that note numbers and continued headers flow through to the next pages.
5045631
Analytical Report
There have been some changes to the Analytical Report:
  • Analytical report's name has been changed.
  • Added variables to all three statements to control the materiality level and the column conditions of the Variance and differences dynamically.
  • Usage guide and cover page has been removed to maintain consistency across all templates.
  • Statement of Profit or loss both by Income and by Nature has the variances and variance differences columns now.
  • Both Cash flows (direct and indirect method) have the variances and variance differences columns now.
  • Unwanted Paragraphs are now removed to maintain consistency across all the templates.
4663279
Tables in Additional Disclosure Notes
Removed the word "Heading" for all standard tables and non-standard tables from Note 4 to Note 10.
5139195
Condition in Configure Financial Period Data (CFPD)
Removed the False condition for the data grid Subsidiaries and transactions with non-controlling interests so that it would show. This is in the Equity section of the data grid.
5227989
Journal Summary Report - New
XML modification is done for the report "Journal Summary – New", so that in the WEB version, the report displays all the journals.
5372543
Enabled Reserves and retained earnings tab in Equity section of CFPD
Have set the condition to True so that Reserves and retained earnings would show in the data grid.
Features
There are no new features included in this release.
Content changes
Item ID
Tittle
Details and limitations
5372895
Directors' Report
  • Added new section called Dividends - TR Example Group with relevant text and table.
  • Added new section called Indemnification and Insurance of directors and officers with relevant text.
5372904
Note 1 - Significant transactions and events in the current reporting period
Added new paragraph under Recent developments that could affect the financial position and performance, disclosing recent volatility in commodity prices, high inflation, changes in interest rates and increasing energy costs linked to geopolitical uncertainty with the impact it has on accounting issues.
5372909
Note 2 - Significant accounting judgments, estimates and assumptions
Added new section and text where entities should also consider macroeconomic, climate related risk and geopolitical uncertainty, and to provide detailed disclosure of the assumptions made.
5372950
Note 4 - Changes in accounting policies
Added new section and text for:
  • New and amended standards and interpretations
  • Accounting standards and interpretations issued but not yet effective
Initially, this note was Note 18 but now has been moved to Note 4.
5372951
Note 2 - Summary of other material accounting policies
Added new section and text for:
  • New and amended standards and interpretations
  • Accounting standards and interpretations issued but not yet effective
Initially, this note was Note 19 but now has been moved to Note 2.
XBRL changes
There is no XBRL for this template.
Known issues
Item ID
Details and limitations
1
For users wishing to update to 6.29 platform, please note there is a known issue where even when elements are displayed as "Never", the report will still display the element.
2
There is a character limitation in grid column heading i.e., grid headers can take up to 60 characters only. Previously all column headers have been linked to the grid column. However, if the column header will exceed more than 60 characters, in such cases, please remove the link on header to the grid column and input the complete heading manually.
Additional information
There is no additional information for this release.
Impact on existing clients
There are no impacts identified for this release.
Deviations from standard configuration
There are no deviations identified for this release.
Appendix
Item ID
Details and limitations
5372956
Added new section that contains:
  • New Standards and Amendments
  • Forthcoming Requirements

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