Search Definitions

An entity’s system of transforming inputs through its activities into outputs and outcomes that aims to fulfil the entity’s strategic purposes and create value for the entity and hence generate cash flows over the short, medium and long …

A specific sustainability-related risk or opportunity based on the activities conducted by entities within a particular industry as set out in an Australian Sustainability Reporting Standard or a SASB …

Reports that provide financial information about a reporting entity that is useful to primary users in making decisions relating to providing resources to the entity. Those decisions involve decisions about:   (a) buying, selling or holding equity and …

[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 …