Question
What is meant by business model and why is it necessary/essential for the auditor to determine the audit clients business model for managing its debt
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What is meant by business model and why is it necessary/essential for the auditor to determine the audit clients business model for managing its debt investments?
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What are the reasons for reclassification of debt investments? Discuss the accounting treatment.
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What is meant by ECL impairment and which of the debt investment classifications are subject to it?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
