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AASB 128/IAS 28
A standard specifying the accounting treatment for investments in associates and joint ventures, focusing on the application of the equity method.
Managerial Personnel
Employees who are responsible for making key decisions and overseeing the operations of a company, including executives and departmental managers.
Asset Revaluation Surplus
The increase in value of an asset, reflected on a company's financial statements, after it has been revalued to its current market value.
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