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

Government assistance takes many forms varying both in the nature of the assistance given and in the conditions which are usually attached to it. The purpose of the assistance may be to encourage an entity to embark on a course of action which it would …

The receipt of government assistance by an entity may be significant for the preparation of the financial statements for two reasons. Firstly, if resources have been transferred, an appropriate method of accounting for the transfer must be found. …

Government grants are sometimes called by other names such as subsidies, subventions, or premiums. …

This Standard uses the following terms with the meanings specified: …

Borrowing costs may include: (a) interest expense calculated using the effective interest method as described in AASB 9 ; (b) [deleted] (c) [deleted] (d) interest in respect of lease liabilities recognised in accordance with AASB 16 Leases ; and (e) …

Depending on the circumstances, any of the following may be qualifying assets: (a) inventories (b) manufacturing plants (c) power generation facilities (d) intangible assets (e) investment properties (f) bearer plants. Financial assets, and inventories …

For the purpose of this Standard, income from a structured entity includes, but is not limited to, recurring and non-recurring fees, interest, dividends, gains or losses on the remeasurement or derecognition of interests in structured entities and gains …

For the purpose of this Standard, an interest in another entity refers to contractual and non-contractual involvement that exposes an entity to variability of returns from the performance of the other entity. An interest in another entity can be evidenced …