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Separate financial statements are those presented by an entity in which the entity could elect, subject to the requirements in this Standard, to account for its investments in subsidiaries, joint ventures and associates either at cost, in accordance with …

The following terms are defined in Appendix A of AASB 10 Consolidated Financial Statements , Appendix A of AASB 11 Joint Arrangements and paragraph 3 of AASB 128: •                associate •                control of an investee •                equity …

Separate financial statements are those presented in addition to consolidated financial statements or in addition to the financial statements of an investor that does not have investments in subsidiaries but has investments in associates or joint ventures …

The financial statements of an entity that does not have a subsidiary, associate or joint venturer’s interest in a joint venture are not separate financial …

An entity that is exempted in accordance with paragraphs 4(a) , Aus4.1 and Aus4.2 of AASB 10 from consolidation or paragraphs 17 , Aus17.1 and Aus17.2 of AASB 128 from applying the equity method may present separate financial statements as its only …

An investment entity that is required, throughout the current period and all comparative periods presented, to apply the exception to consolidation for all of its subsidiaries in accordance with paragraph 31 of AASB 10 presents separate financial …

Events after the reporting period are those events, favourable and unfavourable, that occur between the end of the reporting period and the date when the financial statements are authorised for issue. Two types of events can be identified: (a) those that …

The financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent and its subsidiaries are presented as those of a single economic …

An investor controls an investee when the investor is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the …