(a) Explain the terms credit risk, liquidity risk and market risk which are used in international standard...
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(a) Explain the terms "credit risk", "liquidity risk" and "market risk" which are used in international standard IFRS7.
(b) Outline the main disclosures required by IFRS7 in relation to each of these risks.
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International Financial Reporting A Practical Guide
ISBN: 978-1292200743
6th edition
Authors: Alan Melville
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