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Unformatted text preview: IFRS recog if the entity has a range of estimates that are all estimates equally probable, US GAAP uses the low end of the estimates IFRS 1 requires refinancing be completed he balance sheet date to classify the debt term. rdrafts are netted against cash if the over-m an integral part of the entity cash ent gnizes the liabilities at the mid-point of the...
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- Winter '10
- Financial Accounting