Financial & Managerial Accounting 13th Edition by Carl Warren , James Reeve,Jonathan Duchac

تمرين 1

IFRS statements are often more summarized than U.S. GAAP statements. To compensate, IFRS requires specific disclosures on the face of the financial statements (denoted *) and additional disclosures in the footnotes to the financial statements. Because additions and subtractions are grouped together in sections of IFRS statements, parentheses are used to indicate subtractions.