Total Liabilities

Definition

Total Liabilities. The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits.

Usage

• Statement of Financial Position

XBRL Properties

• IFRS Prefix: ifrs-smes
• Element Name: Total liabilities
• Common Initials:
• Element Type and Attributes: Xinstant, credit
• Hierarchy Level: 3
• IFRS References:

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.