MBA Assignment, UOM, Singapore: International financial reporting standards set out the requirements and recognition criteria
| University | University of Manchester (UoM) |
Question 2
International financial reporting standards set out the requirements and recognition criteria for what is included within the statement of financial position, and the statement of profit and loss and other comprehensive income.
Through an analysis and application of international financial reporting standards, critically discuss two examples of transactions and events that are excluded within your organisation’s financial statements. [30 marks]
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