XRB A2
Sets out the meaning of these specified terms:
- Total assets;
- Total revenue;
- Total operating payments;
- Total operating expenditure; and
- Control.
that the:
- Financial Reporting Act 2013;
- Companies Act 1993;
- Friendly Societies and Credit Unions Act 1982;
- Charities Act 2005;
- Incorporated Societies Act 2022; and the
- Incorporated Societies Regulations 2023
require the External Reporting Board (XRB) to define in financial reporting standards.