The presentation of current and non-current liabilities

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Reference no: EM131050846

The presentation of current and non-current liabilities in the statement of financial position (balance sheet):
(a) Is shown only on GAAP financial statements.
(b) Is shown on both a GAAP and an IFRS statement of financial position.
(c) Is always shown with current liabilities reported first in an IFRS statement of financial position.
(d) Includes contingent liabilities under IFRS.

Reference no: EM131050846

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