Search Definitions

[Deleted by the AASB] …

Applying a requirement is impracticable when an entity cannot apply it after making every reasonable effort to do so. …

In the context of sustainability-related financial disclosures , information is material if omitting, misstating or obscuring that information could reasonably be expected to influence decisions that primary users of general purpose financial reports make …

Existing and potential investors, lenders and other creditors. …

An entity that is required, or chooses, to prepare general purpose financial statements. …

A process for identifying and assessing a potential range of outcomes of future events under conditions of uncertainty. …

A particular form of general purpose financial reports that provide information about the reporting entity’s sustainability-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost …

See primary users of general purpose financial reports (primary users) . These definitions describe the same population. …

The full range of interactions, resources and relationships related to a reporting entity’s business model and the external environment in which it operates. A value chain encompasses the interactions, resources and relationships an entity uses and …

Notwithstanding the general definitions in the above table, in respect of not-for-profit entities the following terms are described in the Framework for the Preparation and Presentation of Financial Statements and are used in this Standard with the …