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in the area of long-term liabilities, there are a variety of topics that pose issues to accountants. please select a topic, such as troubled bebt

in the area of long-term liabilities, there are a variety of topics that pose issues to accountants. please select a topic, such as troubled bebt restructing, and outline the issues that accountants are faced with. after writing a brief analysis of fhe issues, what are your feelings about current practice? Do you agree or desagree with the current position of the IFRS and /or FASB in this area? why or why not?

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