Examlex
Under AASB 108,a change in the useful life of a fixed asset which affects the depreciation charge is regarded as a change in accounting policy,not a change in an accounting estimate.
Euro
The official currency of the Eurozone, used by 19 of the 27 European Union countries.
Globalization
The increasing interconnectedness and interdependence of the world's markets and businesses, facilitated by advancements in transportation, communication, and technology.
Tax Bases
The total amount of assets or income that can be taxed by a government, forming the foundation for calculating tax liabilities.
Services
Intangible products or actions that provide value to consumers, differing from goods which are physical items.
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