Mining, nuclear and oil companies have normally provided an amount each year over the life of an

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Mining, nuclear and oil companies have normally provided an amount each year over the life of an enterprise to provide for decommissioning costs. Explain why the IA5B considered this to be an inappropriate treatment and how these companies would be affected by IAS 37 Provisions, Contingent Liabilities and Contingent Assets.

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Financial Accounting And Reporting

ISBN: 9780273703648

10th Edition

Authors: Mr Barry Elliott, Jamie Elliott

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