BA's note 37 lists contingent liabilities. Explain how the use of that term differs between IFRS and

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BA's note 37 lists contingent liabilities. Explain how the use of that term differs between IFRS and U.S. GAAP.

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Dec 12, 2022 03:06 AM

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BA's note 37 lists contingent liabilities. Explain how the use of that term differs between IFRS and

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IF RS and U S GA AP use the term cont ing ent liabilities to refer to potential liabilities that may ...View the full answer

Intermediate Accounting

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