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(ii) Discuss whether gains and losses that have been reported initially in one section of

时间:2021-04-25 19:39:14 解答: 166 次

(ii) Discuss whether gains and losses that have been reported initially in one section of the performance

statement should be ‘recycled’ in a later period in another section and whether only ‘realised’ gains and

losses should be included in such a statement. (9 marks)

正确答案:

(ii) Recycling is an issue for both the current performance statements and the single statement. Recycling occurs where anitem of financial performance is reported in more than one accounting period because the nature of the item has in someway changed. I

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