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Fair Value
The estimated market price at which an asset or liability could be bought or sold in a current transaction between willing parties.
AASB 6/IFRS 6
An accounting standard which applies to the exploration and evaluation expenditures incurred by an entity in its exploration for and evaluation of mineral resources.
Industry Specific
Pertaining to conditions or practices unique to a particular industry, trade, or field.
Differential Reporting
Provision within accounting standards or a regulatory framework that facilitates different reporting requirements for different categories of entities.
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