383 definitions found
AASB 13
Definition
A[20]
The market with the greatest volume and level of activity for the asset or liability. …
AASB 13
Definition
A[21]
Compensation sought by risk-averse market participants for bearing the uncertainty inherent in the cash flows of an asset or a liability. Also referred to as a ‘risk …
AASB 13
Definition
A[22]
The costs to sell an asset or transfer a liability in the principal (or most advantageous) market for the asset or liability that are directly attributable to the disposal of the asset or the transfer of the liability and meet both of the following …
AASB 13
Definition
A[23]
The costs that would be incurred to transport an asset from its current location to its principal (or most advantageous) market. …
AASB 13
Definition
A[24]
The level at which an asset or a liability is aggregated or disaggregated in a Standard for recognition purposes. …
AASB 13
Definition
A[25]
Inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when pricing the asset or …
AASB 4
Definition
C[1]
An insurance contract that is not a life insurance contract . …
AASB 4
Definition
C[2]
An insurance contract , or a financial instrument with a discretionary participation feature , regulated under the Life Insurance Act 1995 , and similar contracts issued by entities operating outside …
AASB 11
Definition
A[1]
An arrangement of which two or more parties have joint control . …
AASB 11
Definition
A[2]
The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing …