372 definitions found
AASB 1
Definition
A[3]
Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. (See AASB 13 …
AASB 1
Definition
A[4]
The first annual financial statements in which an entity adopts Australian Accounting Standards, by an explicit and unreserved statement of compliance with Australian Accounting …
AASB 1
Definition
A[5]
The latest reporting period covered by an entity’s first Australian-Accounting-Standards financial statements . …
AASB 1
Definition
A[6]
An entity that presents its first Australian-Accounting-Standards financial statements . …
AASB 1
Definition
A[7]
Standards and Interpretations issued by the International Accounting Standards Board (IASB). They comprise: (a) International Financial Reporting Standards; (b) International Accounting Standards; (c) IFRIC Interpretations; and (d) SIC Interpretations. …
AASB 1
Definition
A[8]
An entity’s statement of financial position at the date of transition to Australian Accounting Standards . …
AASB 1
Definition
A[9]
The basis of accounting that a first-time adopter used immediately before adopting Australian Accounting Standards. …
AASB 139
Definition
8
The terms defined in AASB 13 , AASB 9 and AASB 132 are used in this Standard with the meanings specified in Appendix A of AASB 13 , Appendix A of AASB 9 and paragraph 11 of AASB 132 . AASB 13 , AASB 9 and AASB 132 define the following terms: • …
AASB 139
Definition
9
The following terms are used in this Standard with the meanings specified: …
AASB 139
Definition
9[1]
A firm commitment is a binding agreement for the exchange of a specified quantity of resources at a specified price on a specified future date or …