Example: stock market
Policy For Determination Of Materiality Of Events
Found 1 free book(s)Answers - ACCA Global
www.accaglobal.combetween three and five years, indicating that the determination of amortisation for the class of assets as a whole may not be accurate, leading to overstatement of intangible assets and overstatement of profit. The finance director’s assertion that the accounting policy is ‘the most prudent’ is not appropriate. The accounting policy should