Question: 1a Discuss extraordinary items, exceptional items and prior year adjustments citing relevant examples. 15. Discuss the treatment of extraordinary items, exceptional items and prior year

1a Discuss extraordinary items, exceptional items and prior year adjustments citing

1a Discuss extraordinary items, exceptional items and prior year adjustments citing relevant examples. 15. Discuss the treatment of extraordinary items, exceptional items and prior year adjustments in the financial statements. 1c. Discuss Contingent liabilities contingent assets, provisions and reserves. 1d. What do we mean by accounting policies ? Narrate and discuss 6 constituents of accounting policies le Discuss 5 key limitations of ratio analysis

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