Question
Explain why an accounting standard on provisions, contingent liabilities, and contingent assets is necessary based on IAS 37. Instructions: 1. In your report, describe and
Explain why an accounting standard on provisions, contingent liabilities, and contingent assets is necessary based on IAS 37. Instructions:
1. In your report, describe and discuss these issues and give one living example for each.
2. Your report should not exceed ten pages with single spacing.
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
