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Express the repeating decimal as a fraction in lowest terms.
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IAS 40
A standard issued by the International Accounting Standards Board related to the accounting for investment property.
AASB 116
An Australian Accounting Standards Board standard detailing the accounting treatment for property, plant, and equipment.
IAS 16
An International Accounting Standard that prescribes the accounting treatment for property, plant, and equipment including their recognition, determination of their carrying amounts, and the depreciation charges and impairment losses to be recognized in relation to them.
Government Grants
Financial assistance from the government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity.
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