In order to correct the different interpretations on accrual based accounting reporting, IFRS now requires: assets are s

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answerhappygod
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In order to correct the different interpretations on accrual based accounting reporting, IFRS now requires: assets are s

Post by answerhappygod »

In order to correct the different interpretations on accrual
based accounting reporting, IFRS now requires:
assets are stated at book values.
assets are stated at market values.
assets are stated in a trend analysis fashion.
assets are adjusted to common-size balance sheet.
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