381 definitions found
AASB S2
Definition
A[18]
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 …
AASB S2
Definition
A[20]
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 debt …
AASB S2
Definition
A[21]
Applying a requirement is impracticable when an entity cannot apply it after making every reasonable effort to do so. …
AASB S2
Definition
A[22]
Existing and potential investors, lenders and other creditors. …
AASB S2
Definition
A[23]
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 …
AASB S2
Definition
AusA1
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 (as amended to March 2020) and are used in …
AASB 1056
Definition
A[1]
Benefits the superannuation entity is presently obliged to transfer to members or their beneficiaries in the future as a result of membership up to the end of the reporting …
AASB 1056
Definition
A[2]
An entity that is an approved deposit fund within the meaning of section 10 of the Superannuation Industry (Supervision) Act 1993 …