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336 definitions found
AASB 1059 Definition A[2]
The entity that grants the right to access the service concession asset to the operator . …
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AASB 1059 Definition A[3]
The entity that has a right of access to the service concession asset to provide public services. …
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AASB 1059 Definition A[4]
A contract effective during the reporting period between a grantor and an operator in which: (a) the operator has the right of access to the service concession asset (or assets) to provide public services on behalf of the grantor for a specified period of …
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AASB 1059 Definition A[5]
An asset (other than goodwill) to which the operator has the right of access to provide public services on behalf of the grantor in a service concession arrangement that: (a) the operator constructs, develops, upgrades or replaces major components, or …
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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.  …
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Conceptual Framework Definition [2]
A present economic resource controlled by the entity as a result of past events.   CF.4.3 …
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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 …
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Conceptual Framework Definition [4]
The sorting of assets, liabilities, equity, income or expenses on the basis of shared characteristics for presentation and disclosure purposes.   …
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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.   …
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Conceptual Framework Definition [6]
Financial statements of a reporting entity that comprises both the parent and its subsidiaries.   CF.3.11 …
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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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