One of the reasons why the IASB considered in their EDs an amendment to IAS 37 is

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One of the reasons why the IASB considered in their EDs an amendment to IAS 37 is that the criteria within that standard for the recognition of provisions are allegedly inconsistent with those in other international financial reporting standards. Discuss the extent to which you believe this statement to be true, and the improvements proposed in the 2005 and 2010 exposure drafts.

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Financial Accounting And Reporting

ISBN: 9780273778172

16th Edition

Authors: Mr Barry Elliott, Jamie Elliott

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