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AASB 9
The Australian Accounting Standards Board standard on Financial Instruments, outlining the requirements for recognizing and measuring financial assets and liabilities.
Fair Value
The amount one would expect to get from selling an asset or the cost to transfer a liability during a regulated transaction involving parties in the market.
Directly Attributable Costs
Costs that can be directly associated with a specific asset or service, and which would not have been incurred if the asset or service had not been acquired or produced.
Financial Liability
An obligation to deliver cash or another financial asset to another entity.
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