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Asset Class

Definition overview

1 Definition

A grouping of Assets of a similar nature and use that are disclosed as a single category in the Statement of Financial Position; e.g. Land, Buildings, Infrastructure, Plant and Equipment, Motor Vehicles, Computing Equipment, Leasehold Improvements, Art Collection, Work in Progress.

2 References

USQ Defined.

3 Definition Information

Approved Date


Effective Date


Record No


Failure to comply with this Policy or Policy Instrument may be considered as misconduct and the provisions of the relevant Policy or Procedure applied.

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