AASB 132 requires that when determining whether a financial instrument is debt or equity consideration should be

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AASB 132 requires that when determining whether a financial instrument is debt or equity consideration should be given to the economic substance of the instrument, rather than simply its legal form. What does this mean?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 05, 2023 03:00 PM

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AASB 132 requires that when determining whether a financial instrument is debt or equity consideration should be

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Paragraph 15 of AASB 132 requires The issuer of a financial instrument ...View the full answer

Financial Accounting

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