Definitions

6

For purposes of this Auditing Standard, reference to:

6(a)

“Element of a financial statement” or “element” means an “element, account or item of a financial statement;”

6(b)

“Australian Accounting Standards” means the Australian Accounting Standards issued by the Australian Accounting Standards Board; and

6(c)

A single financial statement or to a specific element of a financial statement includes the related disclosures.  (Ref: Para. A2)