ACCT $214$

Assignments $1$

CLO $2\mathrm{.}1(2$ Marks$)$

Apply IFRS concept and prepare comprehensive income statement and statement of retained earnings

Q$1$

List & explain the usefulness of the income statement

Q$2$

List and explain the limitations of the income statement

Q$3$

Explain the meaning of earnings management and quality of earnings

Q$4$

Explain the relationship between Earnings Management & Quality of earnings