(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
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| A financial asset is an asset whose value is dependent on the obligation of another person or entity.
| | The combination of one business with another to form a single business. |
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| IAS 32 defines a financial asset as an asset that is <u>any of</u> the following:
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| :1. Cash; <u>or</u>
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| :2. An equity instrument of another entity; <u>or</u>
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| :3. A contractual right to:
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| :*Receive cash or another financial asset from another entity; <u>or</u>
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| :*Exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the reporting entity; <u>or</u>
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| :4. A contract that will or may be settled in the reporting entity's own equity instruments and is <u>either</u>:
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| :*A non-derivative for which the entity is or may be obliged to receive a variable number of the entity's own equity instruments; <u>or</u>
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| :*A derivative that will or may be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity's own equity instruments.
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| | == See also == |
| | * [[Acquisition]] |
| | * [[Acquisition accounting]] |
| | * [[Competition Commission]] |
| | * [[Merger accounting]] |
| | * [[Organic]] |
| | * [[Scheme of arrangement]] |
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| == See also ==
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| * [[Amortised cost]]
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| * [[Assets]]
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| * [[Entity]]
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| * [[Equity instrument]]
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| * [[Financial instrument]]
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| * [[Financial liability]]
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| * [[IAS 32]]
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| * [[Reporting entity]]
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Revision as of 14:20, 23 October 2012
The combination of one business with another to form a single business.
See also