Search Definitions

An asset is identifiable if it either: (a)             is separable, ie capable of being separated or divided from the entity and sold, transferred, licensed, rented or exchanged, either individually or together with a related contract, identifiable asset …

An identifiable non-monetary asset without physical substance. …

An entity, other than an investor-owned entity, that provides dividends, lower costs or other economic benefits directly to its owners , members or participants. For example, a mutual insurance company, a credit union and a co-operative entity are all …

The equity in a subsidiary not attributable, directly or indirectly, to a parent. …

For the purposes of this Standard, owners is used broadly to include holders of equity interests of investor-owned entities and owners or members of, or participants in, mutual entities …

The smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of …

Operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes, from the rest of the …

The incremental costs directly attributable to the disposal of an asset (or disposal group ), excluding finance costs and income tax …

An entity shall classify an asset as current when:  (a) it expects to realise the asset, or intends to sell or consume it, in its normal operating cycle; (b) it holds the asset primarily for the purpose of trading; (c) it expects to realise the asset …

A component of an entity that either has been disposed of or is classified as held for sale and: (a) represents a separate major line of business or geographical area of operations, (b) is part of a single co-ordinated plan to dispose of a separate major …