Evaluate the importance of the concept of substance

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Reference no: EM133016555

Question: Evaluate the importance of the concept of substance over form for financial reporting. As part of your answer, you should explain how the concept is applied to consolidated financial statements and accounting for leases and evaluate the extent to which these improve the usefulness of financial information. You should also explain why this is relevant to the calculation of earnings per share.

Reference no: EM133016555

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