113 paragraphs found in AASB 12
The following terms are defined in AASB 127 , AASB 128 , AASB 10 and AASB 11 Joint Arrangements and are used in this Standard with the meanings specified in those Standards: • associate • consolidated financial statements • control of an entity …
The examples in this appendix portray hypothetical situations. Although some aspects of the examples may be present in actual fact patterns, all relevant facts and circumstances of a particular fact pattern would need to be evaluated when applying AASB …
An entity shall decide, in the light of its circumstances, how much detail it provides to satisfy the information needs of users, how much emphasis it places on different aspects of the requirements and how it aggregates the information. It is necessary …
An interest in another entity refers to contractual and non-contractual involvement that exposes the reporting entity to variability of returns from the performance of the other entity. Consideration of the purpose and design of the other entity may help …
A reporting entity is typically exposed to variability of returns from the performance of another entity by holding instruments (such as equity or debt instruments issued by the other entity) or having another involvement that absorbs variability. For …
Some instruments are designed to transfer risk from a reporting entity to another entity. Such instruments create variability of returns for the other entity but do not typically expose the reporting entity to variability of returns from the performance …
For each subsidiary that has non-controlling interests that are material to the reporting entity, an entity shall disclose: (a) dividends paid to non-controlling interests. (b) summarised financial information about the assets, liabilities, profit or loss …
The summarised financial information required by paragraph B10(b) shall be the amounts before inter-company eliminations. …
For each joint venture and associate that is material to the reporting entity, an entity shall disclose: (a) dividends received from the joint venture or associate. (b) summarised financial information for the joint venture or associate (see paragraphs …
In addition to the summarised financial information required by paragraph B12 , an entity shall disclose for each joint venture that is material to the reporting entity the amount of: (a) cash and cash equivalents included in paragraph B12(b)(i) . (b) …