372 definitions found
AASB 7
Definition
A[1]
The risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. …
AASB 7
Definition
A[2]
Rating of credit risk based on the risk of a default occurring on the financial instrument. …
AASB 7
Definition
A[3]
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange …
AASB 7
Definition
A[4]
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. …
AASB 7
Definition
A[5]
The risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial …
AASB 7
Definition
A[6]
Loans payable are financial liabilities, other than short-term trade payables on normal credit terms. …
AASB 7
Definition
A[7]
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: currency risk , interest rate risk and other price risk …
AASB 7
Definition
A[8]
The risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices (other than those arising from interest rate risk or currency risk ), whether those changes are caused by factors specific to …
AASB 1
Definition
A[1]
The beginning of the earliest period for which an entity presents full comparative information under Australian Accounting Standards in its first Australian-Accounting-Standards financial statements …
AASB 1
Definition
A[2]
An amount used as a surrogate for cost or depreciated cost at a given date. Subsequent depreciation or amortisation assumes that the entity had initially recognised the asset or liability at the given date and that its cost was equal to the deemed …