Examlex
A horizontal merger occurs when:
Derecognition
The removal of an asset or liability from a company's balance sheet when it is no longer controlled or owes it.
Financial Assets
Assets that are cash, an equity instrument of another entity, a contractual right to receive cash or another financial asset, or a contract that will or may be settled in the entity's own equity instruments.
AASB 101
The Australian Accounting Standards Board statement that outlines the presentation of financial statements.
Share Capital
The capital raised by a company through the issuance of shares, representing the sum of the par value of these shares.
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