Statement of Financial Position definition

Statement of Financial Position means the statement of the Licensee’s assets, liabilities, and shareholders’ equity at the end of a given quarter or financial year of the Licensee, separating current assets and liabilities from non-current assets and liabilities;
Statement of Financial Position means a statement that shows the financial position of an entity at a particular date, and comprises three main components of the financial position in terms of the assets, liabilities and equity; and
Statement of Financial Position means the statement of financial position required by AAS 27. (2) Unless the contrary intention appears, a word or phrase used in these regulations and defined in AAS 27 has the same meaning in these regulations as in AAS 27. (3) A reference in these regulations to a Form followed by a designation is a reference to the Form so designated set out in Schedule 2. [Regulation 3 amended in Gazette 20 Jun 1997 p. 2838; 31 Mar 2005 p. 1047.]

Examples of Statement of Financial Position in a sentence

  • The asset or liability in respect of defined benefit plans is the difference between the present value of the defined benefit obligation at the Statement of Financial Position date and the fair value of plan assets, adjusted for unrecognised actuarial gains/losses and past service cost.


More Definitions of Statement of Financial Position

Statement of Financial Position means the statement of financial position required by AAS 27.
Statement of Financial Position means the balance sheet required for the purposes of:
Statement of Financial Position shall have the meaning given to such term in ‎Section 5.01(a).
Statement of Financial Position means the statement of financial position of Bralorne forming part of the Bralorne Financial Statements;
Statement of Financial Position means the Statement of Financial Position included in the Combined Financial Statements.
Statement of Financial Position means the statement of financial position required by AAS 27. (2) Unless the contrary intention appears, a word or phrase used in these regulations and defined in AAS 27 (2) If a term is given a meaning in the AAS, it has the same meaning in these regulations as in AAS 27unless the contrary intention appears. (3) A reference in these regulations to a Form followed by a designation is a reference to the Form so designated set out in Schedule 2. [(3) deleted][Regulation 3 amended in Gazette 20 Jun 1997 p. 2838;31 Mar 2005 p. 1047; 20 Jun 2008 p. 2720-1.] Compare 17 Feb 2006 [02-a0-04] / 01 Jul 2008 [02-b0-06] page 3Published on www.legislation.wa.gov.au
Statement of Financial Position means the statement of financial position of each of the Azimuth Companies as of the Statement of Financial Position Date.