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AASB

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AcronymDefinition
AASBAustralian Accounting Standards Board
AASBAlabama Association of School Boards
AASBAssociation of Alaska School Boards
AASBAmerican Association of Small Businesses
AASBAssociation of American Schools in Brazil
AASBAdvanced Audio Server Base
AASBArizona Aircraft Storage Branch


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? References in periodicals archive
AASB 1024 was introduced to mandate consolidation of controlled associates, and hence disclosure of debt issued by these associates.
Accounting Standards Board, AASB 1024, Consolidated Accounts, paragraph 9, defines control as: "The capacity of an entity to dominate decision-making, directly or indirectly, in relation to the financial and operating policies of another entity so as to enable that other entity to operate with it in pursuing the objectives of the controlling entity.
The following table reconciles certain components of net profit attributable to members of the parent entity as presented on page 2 of this release to the presentation required under Australian GAAP as required by Australian Accounting Standard AASB 1018 "Statement of Financial Performance" on page 11 of this release.
 
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