What is the purpose of a statement of financial position? What comprises a complete set of financial

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What is the purpose of a statement of financial position? What comprises a complete set of financial statements in accordance with IAS 1?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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