381 definitions found
AASB 15
Definition
A[7]
Income arising in the course of an entity’s ordinary activities. …
AASB 15
Definition
A[8]
The price at which an entity would sell a promised good or service separately to a customer. …
AASB 15
Definition
A[9]
The amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer, excluding amounts collected on behalf of third …
AASB 15
Definition
A.1[1]
A licence that has a term of 12 months or less. …
AASB 138
Definition
8[8]
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 …
AASB 138
Definition
8[9]
An impairment loss is the amount by which the carrying amount of an asset exceeds its recoverable amount. …
AASB 138
Definition
8[10]
An intangible asset is an identifiable non-monetary asset without physical substance. …
AASB 138
Definition
8[11]
Monetary assets are money held and assets to be received in fixed or determinable amounts of money. …
AASB 138
Definition
8[12]
Research is original and planned investigation undertaken with the prospect of gaining new scientific or technical knowledge and understanding. …
AASB 138
Definition
8[13]
The residual value of an intangible asset is the estimated amount that an entity would currently obtain from disposal of the asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the …