Does IAS 32 contain a clear hierarchy to be used in determining whether a financial instrument is

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Does IAS 32 contain a clear hierarchy to be used in determining whether a financial instrument is a financial liability or an equity instrument of the issuer? Explain your answer.
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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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