The IASBs failure to decide on a capital maintenance concept is regrettable as users have no idea

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‘The IASB’s failure to decide on a capital maintenance concept is regrettable as users have no idea
as to whether total gains represent income or capital and are therefore unable to identify a meaningful “bottom line”.
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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: Nov 03, 2022 01:24 AM

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The IASBs failure to decide on a capital maintenance concept is regrettable as users have no idea

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Financial Accounting And Reporting

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