PET - Plain English Taxonomy

Attribute: BSAO19101
Concept:
Label: Assets
Concept Guidance:
This is the value, as at the relevant date, of a resource: (a) controlled by an entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity reported in accordance with Australian Accounting Standards. 
Dimensions
Dimension Member Description
(Parent)
This dimension categorises reported information based on the type of relationship between two or more counterparties.
The counterparty in relation to the information reported is the parent of the reporting party, as determined in accordance with accounting standards.
(NotABIL)
This dimension classifies assets according to whether or not they have been classified as backing insurance liabilities or not.
The reported information relates to assets that have been classified by the reporting entity as not backing insurance liabilities of the reporting entity.
(InsideAustralia)
This dimension categorises the reported data according to where it is deemed to be in accordance with the requirements of the relevant standards.
The information reported is in relation to assets and liabilities defined under the Act as being in Australia.
(NotOperational)
The intent of the transaction being entered into by the reporting entity.
Information in relation to assets or liabilities acquired or incurred principally for profit-taking purposes.