51 paragraphs found in AASB 127
The objective of this Standard is to prescribe the accounting and disclosure requirements for investments in subsidiaries, joint ventures and associates when an entity prepares separate financial …
This Standard shall be applied in accounting for investments in subsidiaries, joint ventures and associates when an entity elects, or is required by local regulations, to present separate financial …
This Standard does not mandate which entities produce separate financial statements. It applies when an entity prepares separate financial statements that comply with Australian Accounting …
The following terms are used in this Standard with the meanings specified: …
Consolidated financial statements are the financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent and its subsidiaries are presented as those of a single economic …
Separate financial statements are those presented by an entity in which the entity could elect, subject to the requirements in this Standard, to account for its investments in subsidiaries, joint ventures and associates either at cost, in accordance with …
The following terms are defined in Appendix A of AASB 10 Consolidated Financial Statements , Appendix A of AASB 11 Joint Arrangements and paragraph 3 of AASB 128: • associate • control of an investee • equity …
Separate financial statements are those presented in addition to consolidated financial statements or in addition to the financial statements of an investor that does not have investments in subsidiaries but has investments in associates or joint ventures …
The financial statements of an entity that does not have a subsidiary, associate or joint venturer’s interest in a joint venture are not separate financial …
An entity that is exempted in accordance with paragraphs 4(a) , Aus4.1 and Aus4.2 of AASB 10 from consolidation or paragraphs 17 , Aus17.1 and Aus17.2 of AASB 128 from applying the equity method may present separate financial statements as its only …