343 definitions found.
ASA 540
Definition
12
For the purposes of this Auditing Standard, the following terms have the meanings attributed below: …
ASA 540
Definition
12(a)
Accounting estimate – A monetary amount for which the measurement, in accordance with the requirements of the applicable financial reporting framework, is subject to estimation uncertainty. (Ref: Para. A14 …
ASA 540
Definition
12(b)
Auditor’s point estimate or auditor’s range – An amount, or range of amounts, respectively, developed by the auditor in evaluating management’s point estimate. (Ref: Para. A15 …
ASA 540
Definition
12(c)
Estimation uncertainty – Susceptibility to an inherent lack of precision in measurement. (Ref: Para. A16 , Appendix 1 ) …
ASA 540
Definition
12(d)
Management bias – A lack of neutrality by management in the preparation of information. (Ref: Para. A17 ) …
ASA 540
Definition
12(e)
Management’s point estimate – The amount selected by management for recognition or disclosure in the financial report as an accounting …
ASA 540
Definition
12(f)
Outcome of an accounting estimate – The actual monetary amount that results from the resolution of the transaction(s), event(s) or condition(s) addressed by an accounting estimate. (Ref: Para. A18 …
GS 004
Definition
9
For the purposes of this Guidance Statement, the following items have the meanings attributed below: …
GS 004
Definition
9(a)
Annual Accounts of an insurance group , refers to accounts constituting reporting documents required to be prepared by the parent entity of the group in compliance with reporting standards made under the Financial Sector (Collection of data) Act 2001 …
GS 004
Definition
9(b)
Appointed Auditor means an auditor appointed under paragraph 39(1)(a) of the Insurance Act 1973 (the Act). …