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What is IFRS all about

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Reference no: EM132595733

Question -

1. What is IFRS all about? Why do you think the Notes to the Financial Statements and Accounting Policies are so important?

2. What constitutes revenue? How is it recognised?

3. What is operating profit?

4. Gross profit is considered key in many companies. How useful are these measures?

5. What is EPS? What does this indicate?

Reference no: EM132595733

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