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22 Main elements of financial reports. 23 Qualitative characteristics of financial information. 24 Potential problems in using historic information to predict future performance and trends.

22 Main elements of financial reports.
23 Qualitative characteristics of financial information.
24 Potential problems in using historic information to predict future performance and trends. The concepts of historical cost and fair value measure.
25 Usefulness of cash flows information in relation to information gained from other financial statements.
26 Role of earning per share ratio in financial statement presentation.
27 Difference between capital and revenue the nature of reserves.

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