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Financial statements of a reporting entity that is the parent alone.   CF.3.11 …

The right or the group of rights, the obligation or the group of obligations, or the group of rights and obligations, to which recognition criteria and measurement concepts are applied.   …

Financial information that is useful to primary users of general purpose financial reports in making decisions relating to providing resources to the reporting entity. To be useful, financial information must be relevant and faithfully represent what it …

See primary users (of general purpose financial reports). …

The following terms are used in this Standard with the meanings specified: …

Closing rate is the spot exchange rate at the end of the reporting period. …

Exchange difference is the difference resulting from translating a given number of units of one currency into another currency at different exchange …

Exchange rate is the ratio of exchange for two currencies. …

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 Fair Value Measurement …

Foreign currency is a currency other than the functional currency of the entity. …