Question: Explain the relevant knowledge of NZ IAS 16 and NZ IAS 7 standards in ACCTN202 A knowledge of essential concepts such as key qualitative characteristics, true and fair view/fair presentation, creative accounting, etc. A knowledge of the implications of different accounting treatments on financial statements Your understanding of, comments on, arguments, and contributions to the topic. Any other important issues which you think should be addressed

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Explain the relevant knowledge of NZ IAS 16 and NZ IAS 7 standards in ACCTN202
A knowledge of essential concepts such as key qualitative characteristics, true and fair view/fair presentation, creative
accounting, etc.
A knowledge of the implications of different accounting treatments on financial statements
Your understanding of, comments on, arguments, and contributions to the topic.
Any other important issues which you think should be addressed
Transcribed Image Text:Question: Explain the relevant knowledge of NZ IAS 16 and NZ IAS 7 standards in ACCTN202 A knowledge of essential concepts such as key qualitative characteristics, true and fair view/fair presentation, creative accounting, etc. A knowledge of the implications of different accounting treatments on financial statements Your understanding of, comments on, arguments, and contributions to the topic. Any other important issues which you think should be addressed
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