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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Financial Accounting And Reporting

ISBN: 9780273708704

11th Edition

Authors: Barry Elliott, Jamie Elliott

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