IFRS: Debt Reporting
Not what you're looking for?
https://www.cchdaily.co.uk/ifrs-rules-distort-debt-reporting
(Regarding this article)
Does IFRS distort debt reporting? Does it give a false report of a business's financial standing? Explain.
Purchase this Solution
Solution Summary
The Solution reviews whether IFRS (International Financial Reporting Standards) distorts debt reporting.
Solution Preview
Does IFRS distort debt reporting? Does it give a false report of a business's financial standing? Explain.
The research conducted by Moody's in this article states that evidence suggests that there are currently five critical drawbacks associated with debt reporting that leads to distortions in debt reporting. These drawbacks have established and environment that encourages distortions wherein the environment is predicated upon low interest rates and volatile currencies that increases the risk that false debt reports will occur. The research alleges that these false reports will be predicated upon false ...
Education
- BS, Sam Houston State University, 1903 University Avenue, Huntsville, Tx 77340
- MS, Prairie View A&M University
Recent Feedback
- "awesome"
- "awesome"
- "Awesome appreciate the assistance."
- "Thanks awesome. more to follow"
- "awesome, Thanks for the assistance"
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Basics of corporate finance
These questions will test you on your knowledge of finance.