Any judgements made by management when applying the entitys accounting policies that have significant effect on amounts

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Any judgements made by management when applying the entity’s accounting policies that have significant effect on amounts recognised in the financial statements must also be disclosed. What judgements do you think are made by management?

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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Question Posted: Apr 08, 2024 09:00 AM

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Any judgements made by management when applying the entitys accounting policies that have significant effect on amounts

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According to paragraph 122 of AASB 101 an entity must disclose in the notes t...View the full answer

Financial Reporting

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