The accrual basis of accounting means ....
accounting for transactions when the cash is received or paid out
accounting for transactions when they occur
What is the minimum requirement of comparative information that must be provided?
1 Year
2 Years
3 Years
Offsetting assets & liabilities or income & expenses is permitted by IFRS - True or False?
Financial Statements must comply with the requirements of IFRS - what does IFRS stand for
Identify the following 3 overall considerations: G C C- I A B Of A