Examlex
The inspections activity in a police organization exists primarily to provide feedback on the controlling function.
Contingent Asset
A potential asset that may arise depending on the outcome of a future event, not recognized in financial statements until certain.
AASB 137
An Australian Accounting Standards Board standard related to the accounting for provisions, contingent liabilities, and contingent assets.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.
Note Disclosure
Supplementary information provided in financial statements, offering insight into accounting policies, risks, and uncertainties.
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