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322 definitions found
AASB 123 Definition 5
This Standard uses the following terms with the meanings specified: …
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AASB 138 Definition 8[2]
An asset is a resource: (a) controlled by an entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity. …
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AASB 4 Definition A[16]
An assessment of whether the carrying amount of an insurance liability needs to be increased (or the carrying amount of related deferred acquisition costs or related intangible assets decreased), based on a review of future cash …
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AASB 4 Definition A[17]
A party that has a right to compensation under an insurance contract if an insured event occurs. …
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AASB 4 Definition A[18]
A cedant’s net contractual rights under a reinsurance contract . …
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AASB 4 Definition A[19]
An insurance contract issued by one insurer (the reinsurer ) to compensate another insurer (the cedant ) for losses on one or more contracts issued by the …
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AASB 4 Definition A[20]
The party that has an obligation under a reinsurance contract to compensate a cedant if an insured event occurs. …
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AASB 4 Definition A[21]
Account for the components of a contract as if they were separate contracts.   Additional Australian defined terms – see Appendix …
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AASB 4 Definition A[1]
The policyholder under a reinsurance contract . …
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AASB 4 Definition A[2]
A contractual component that is not accounted for as a derivative under AASB 9 and would be within the scope of AASB 9 if it were a separate …
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The AASB issues principles-based Australian accounting, sustainability and external reporting Standards and guidance that meet user needs and enhance external reporting consistency and quality.

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