Archives: Flashcards

General-Purpose Financial Statements F05-02b

What is a classified balance sheet?

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General-Purpose Financial Statements F05-01b

What does the balance sheet report?

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International Financial Reporting Standards F04-53b

IFRS requires certain line items to be disclosed. What is the case for U.S GAAP?

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International Financial Reporting Standards F04-52b

What are the four basis of accounting that are available to a U.S entity that is not required to follow either U.S GAAP or full IFRS?

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