326 definitions found
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 …
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: • …