413 definitions found
AASB 6
Definition
A[1]
Exploration and evaluation expenditures recognised as assets in accordance with the entity’s accounting policy. …
AASB 6
Definition
P3
area of interest An individual geological area which is considered to constitute a favourable environment for the presence of a mineral deposit or an oil or natural gas field, or has been proved to contain such a deposit or field. economically recoverable …
AASB 6
Definition
AusC1
Paragraphs 23–25 do not apply to entities preparing general purpose financial statements that apply AASB 1060 General Purpose Financial Statements – Simplified Disclosures for For-Profit and Not-for-Profit Tier 2 Entities. Compilation detailsAccounting …
AASB 6
Definition
P4
Standard Date made FRL identifier Commence-ment date Effective date(annual periods … on or after …) Application, saving or transitional provisions AASB 6 7 Aug 2015 F2015L01608 31 Dec 2015 (beginning) 1 Jan 2016 see (a) below AASB 2019-1 21 May 2019 …
AASB 6
Definition
P5
Paragraph affected How affected By … [paragraph/page] AusCF1 added AASB 2019-1 [page 10] 10 amended AASB 2019-1 [page 10] AusCF10 added AASB 2019-1 [page 10] 26A added AASB 2019-1 [page 10] Aus27.1 repealed Legislation Act 2003, s. 48D Appendix C added …
AASB 11
Definition
P2
joint arrangement An arrangement of which two or more parties have joint control. joint control The contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of …
AASB 13
Definition
A[1]
A market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing …
AASB 13
Definition
A[2]
A valuation technique that reflects the amount that would be required currently to replace the service capacity of an asset (often referred to as current replacement …