Dr Nick

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    Kaplan University
    Apr-2009 - Mar-2014

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    University of Santo Tomas
    Aug-2006 - Present

Category > Accounting Posted 10 Jun 2017 My Price 12.00

Explain how IFRS defines a contingent liability and provide an example.

Discuss this week's objectives and the following concept comparing the GAAP to the IFRS. How do they relate to the practice of accounting and its uses in business?

  • IFRS 10-2: Explain how IFRS defines a contingent liability and provide an example.
  • IFRS 10-3: Briefly describe some similarities and differences between GAAP and IFRS with respect to the accounting for liabilities.

 Question first followed by answer

150 or more words

Refernce and in citation

No plagiarism

 

Answers

Dr Nick
(4)
Status NEW Posted 10 Jun 2017 01:06 PM My Price 12.00

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