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imported>Doug Williamson |
imported>Doug Williamson |
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| A financial asset is an asset whose value is dependent on the obligation of another person or entity.
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| IAS 32 defines a financial asset as an asset that is <u>any of</u> the following:
| | ==See also== |
| | *[[Argentina]] |
| | *[[Brazil]] |
| | *[[Mexico]] |
| | *[[NALA]] |
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| :'''1.''' Cash; <u>or</u>
| | [[Category:The_business_context]] |
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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 ==
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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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Latest revision as of 17:27, 1 July 2022