https://massygroup.com/wp-content/uploads/2022/11/MASSY-DIGITAL-ANNUALREPORT-2022 (answer the following questions) Evaluate the company’s latest annual financial statements (balance sheet, income statement, and cash flow statement) and comment on the company's financial performance and position. In your response, use the requirements of IAS 1 as a guide. b)  Identify and discuss key accounting principles and standards applied in the company’s financial reporting process indicating their reasons for choosing these and how they were applied. Comment briefly on the appropriateness of the choices made given the company’s industry, location and type (e.g. MNC, regional conglomerate, etc.) c) Critically analyze any significant accounting policies and estimates disclosed in the notes to the financial statements. In your answer, indicate whether the company complied with the accounting standards and conventions.

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter1: Accounting As A Form Of Communication
Section: Chapter Questions
Problem 1.15MCE
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https://massygroup.com/wp-content/uploads/2022/11/MASSY-DIGITAL-ANNUALREPORT-2022 (answer the following questions) Evaluate the company’s latest annual financial statements (balance sheet, 
income statement, and cash flow statement) and comment on the company's 
financial performance and position. In your response, use the requirements of 
IAS 1 as a guide. b)  Identify and discuss key accounting principles and standards applied in the 
company’s financial reporting process indicating their reasons for choosing these 
and how they were applied. Comment briefly on the appropriateness of the 
choices made given the company’s industry, location and type (e.g. MNC, 
regional conglomerate, etc.) c) Critically analyze any significant accounting policies and estimates disclosed in 
the notes to the financial statements. In your answer, indicate whether the 
company complied with the accounting standards and conventions.

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