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An impairment loss is the amount by which the carrying amount of an asset exceeds its recoverable amount. …

Property, plant and equipment are tangible items that: (a)             are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b)             are expected to be used during more than …

Recoverable amount is the higher of an asset’s fair value less costs of disposal and its value in use. …

The residual value of an 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 end of its …

Useful life is: (a)             the period over which an asset is expected to be available for use by an entity; or (b)             the number of production or similar units expected to be obtained from the asset by an …

Definitions relating to hedge accounting …

The following term is also used in this Standard with the meaning specified. A not-for-profit entity is an entity whose principal objective is not the generation of profit.   A not-for-profit entity can be a single entity or a group of entities comprising …

Examples of property, plant and equipment held by not-for-profit public sector entities include, but are not limited to, infrastructure, cultural, community and heritage …

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

Employee benefits are all forms of consideration given by an entity in exchange for service rendered by employees or for the termination of …