Question: a. Provide two reasons why companies may be motivated to keep debt off the balance sheet. b. Give three examples of obligations that IFRS now

a. Provide two reasons why companies may be motivated to keep debt off the balance sheet.
b. Give three examples of obligations that IFRS now requires to be reported on the balance sheet when this was previously not the case.

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a There are two primary reasons why companies may be motivated to keep debt off the balance sheet 1 To avoid violating debt covenants Debt covenants a... View full answer

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