Financial Accounting

Topic: Financial Accounting

Paper details:

Purpose of the essay assignment
The assignment provides the opportunity to develop an in-depth understanding of measurement and recognition issues related to financial accounting. As accountants, we are concerned about providing decision-useful information to the users of financial statements for their decision making. To provide decision-useful information to the users of financial statements, accountants often require applying guidance given in accounting standards by using their judgment.


You are required to select one of the following areas:
• Leasing
• Liabilities including provisions and contingent liabilities (excluding lease liabilities)
• Intangible assets
• Revenue

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