Discuss the implications for businesses of a substance approach being used for the presentation of liabilities and
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Discuss the implications for businesses of a substance approach being used for the presentation of liabilities and equity. Indicate how the terms of an instrument could present problems in classification, e.g. a preference share that has accelerating dividends redeemable at the option of the company.
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Related Book For
Financial Accounting And Reporting
ISBN: 9780273708704
11th Edition
Authors: Barry Elliott, Jamie Elliott
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