It is important that revenues as determined under the realization convention are reported in a separate statement

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It is important that revenues as determined under the realization convention are reported in a separate statement from any other gains and asset increases. Discuss.

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International Financial Reporting and Analysis

ISBN: 978-1408075012

5th edition

Authors: David Alexander, Anne Britton, Ann Jorissen

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Question Posted: Apr 12, 2016 06:54 AM

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It is important that revenues as determined under the realization convention are reported in a separate statement

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It is often argued that realized results must be distinguished from the results of val...View the full answer

International Financial Reporting and Analysis

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