457 definitions found
AASB 1054
Definition
6
The following terms are used in this Standard with the meanings specified. …
AASB 1054
Definition
6[1]
Annual reporting period means the financial year or similar period to which annual financial statements relate. …
AASB 1054
Definition
6[2]
Special purpose financial statements are financial statements other than general purpose financial statements. …
Conceptual Framework
Definition
[1]
The adding together of assets, liabilities, equity, income or expenses that have shared characteristics and are included in the same classification. …
Conceptual Framework
Definition
[2]
A present economic resource controlled by the entity as a result of past events. CF.4.3 …
Conceptual Framework
Definition
[3]
The amount at which an asset, a liability or equity is recognised in the statement of financial position. CF.5.1 …
Conceptual Framework
Definition
[4]
The sorting of assets, liabilities, equity, income or expenses on the basis of shared characteristics for presentation and disclosure purposes. …
Conceptual Framework
Definition
[5]
Financial statements of a reporting entity that comprises two or more entities that are not all linked by a parent-subsidiary relationship. …
Conceptual Framework
Definition
[6]
Financial statements of a reporting entity that comprises both the parent and its subsidiaries. CF.3.11 …
Conceptual Framework
Definition
[7]
The present ability to direct the use of the economic resource and obtain the economic benefits that may flow from it. CF.4.20 …