Simplified disclosure requirements are often available for Tier 2 entities under this standard. 2. Legal & Legislative Reports: HB 1054
Reports must disclose an entity’s compliance with Australian Accounting Standards and provide details on audit fees and imputation credits.
A 1957 General Assembly report concerning the Committee on South West Africa , which detailed recommendations for ending racial discrimination and transitioning toward representative government in the territory.
Recent legislative reports (2025-26) focus on county ferry maintenance and repair contracts, allowing for 10-year unit-priced contract terms.
A Security Council resolution regarding sanctions on Sudan following an assassination attempt on the President of Egypt.
Requires the Public Service Commission to prepare a report on financing renewable natural gas infrastructure. 3. International Relations: UN Resolution 1054 The United Nations has two significant "1054" references:
In Australian finance, refers to the "Australian Additional Disclosures" standard. It requires entities to prepare specific reports to supplement International Financial Reporting Standards (IFRS).