80 paragraphs found in INT 5
This compiled Interpretation applies to annual periods beginning on or after 1 January 2022. Earlier application is permitted for annual periods beginning after 24 July 2014 but before 1 January 2022. It incorporates relevant amendments made up to and …
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AASB Interpretation 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds (as amended) is set out in paragraphs 1 – Aus15.1 and Appendix A. Interpretations are listed in Australian Accounting Standard …
AASB Interpretation 5 Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds as amended incorporates Interpretation IFRIC 5 Rights to Interests arising from Decommissioning, Restoration and Environmental …
Interpretation 5 was issued in August 2015 . This compiled version of Interpretation 5 applies to annual periods beginning on or after 1 January 2022 . It incorporates relevant amendments contained in other AASB pronouncements up to and including 20 …
The purpose of decommissioning, restoration and environmental rehabilitation funds, hereafter referred to as ‘decommissioning funds’ or ‘funds’, is to segregate assets to fund some or all of the costs of decommissioning plant (such as a nuclear plant) or …
Contributions to these funds may be voluntary or required by regulation or law. The funds may have one of the following structures: (a) funds that are established by a single contributor to fund its own decommissioning obligations, whether for a …
Such funds generally have the following features: (a) the fund is separately administered by independent trustees. (b) entities (contributors) make contributions to the fund, which are invested in a range of assets that may include both debt and equity …
This Interpretation applies to accounting in the financial statements of a contributor for interests arising from decommissioning funds that have both of the following features: (a) the assets are administered separately (either by being held in a …
A residual interest in a fund that extends beyond a right to reimbursement, such as a contractual right to distributions once all the decommissioning has been completed or on winding up the fund, may be an equity instrument within the scope of AASB 9 and …