Search Definitions

The following term is also used in this Standard with the meaning specified. A not-for-profit entity is an entity whose principal objective is not the generation of profit.   A not-for-profit entity can be a single entity or a group of entities comprising …

Examples of property, plant and equipment held by not-for-profit public sector entities include, but are not limited to, infrastructure, cultural, community and heritage …

The following terms are used in this Standard with the meanings specified: …

Employee benefits are all forms of consideration given by an entity in exchange for service rendered by employees or for the termination of …

Short-term employee benefits are employee benefits (other than termination benefits) that are expected to be settled wholly before twelve months after the end of the annual reporting period in which the employees render the related …

Post-employment benefits are employee benefits (other than termination benefits and short-term employee benefits) that are payable after the completion of …

Other long-term employee benefits are all employee benefits other than short-term employee benefits, post-employment benefits and termination …

Termination benefits are employee benefits provided in exchange for the termination of an employee’s employment as a result of either: (a) an entity’s decision to terminate an employee’s employment before the normal retirement date; or (b) an employee’s …

Post-employment benefit plans are formal or informal arrangements under which an entity provides post-employment benefits for one or more …

Defined contribution plans are post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does not hold sufficient …