467 definitions found
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 …
AASB 1056
Definition
A[3]
A member whose benefits are specified, or are determined, at least in part, by reference to a formula based on their years of membership and/or salary level. Members identified as defined benefit members based on the definition in this Standard are not …
AASB 1056
Definition
A[4]
A member whose benefits are determined by reference to accumulated contributions made on their behalf and/or by them, together with investment earnings thereon. If an individual member’s benefit entitlements have characteristics of both defined benefit …
AASB 1056
Definition
A[5]
An entity that constitutes one or more superannuation plan(s) or an approved deposit fund . …
AASB 1056
Definition
A[6]
An entity that is: (a) regulated under the Superannuation Industry (Supervision) Act 1993 , or similar legislative requirements in the case of an exempt public sector superannuation plan; and (b) established and maintained: (i) in order to receive …
AASB 1056
Definition
A[7]
The value of benefits to which members or their beneficiaries would be entitled on voluntary withdrawal from the superannuation entity or on becoming entitled to a pension or deferred benefit as at the end of the reporting period. In the context of a …
AASB 120
Definition
3[1]
Government refers to government, government agencies and similar bodies whether local, national or international. …
AASB 120
Definition
3[2]
Government assistance is action by government designed to provide an economic benefit specific to an entity or range of entities qualifying under certain criteria. Government assistance for the purpose of this Standard does not include benefits provided …
AASB 120
Definition
3[3]
Government grants are assistance by government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. They exclude those forms of government …
AASB 120
Definition
3[4]
Grants related to assets are government grants whose primary condition is that an entity qualifying for them should purchase, construct or otherwise acquire long-term assets. Subsidiary conditions may also be attached restricting the type or location of …