Better as in being in line with ias 36 at any point in time. Companies sometimes need to give their latest FS to banks for loan approvals. If they r givin their last 6 months’ FS n assets’ CV r in excess of RA, even if tis ok not impair at this pt mayb, woud b better to do so?
Does the retailer have the right to refuse any disclosure concerning its sale and if so what does the co. do if it is not sure whether or not the goods will be returned?