Obtain three sets of published accounts of quoted companies. Look carefully at the consolidated balance sheets and

Question:

Obtain three sets of published accounts of quoted companies. Look carefully at the consolidated balance sheets and notes thereto and read the 'accounting policies'. Taking each item in the separately, describe how the item is evaluated. Are these evaluations consistent? i.e. in mathematical terms, do we have genuine additivity?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...