'Substance over form is a recipe for failing to achieve comparability between financial statements of different enterprises.'...
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Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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The expression substance over form refers to the idea that when accounting for a transaction its com...View the full answer
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Related Book For
Comparative international accounting
ISBN: 978-0273703570
9th Edition
Authors: Christopher nobes, Robert parker
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