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abbreviations in the f7 exam

Sshonamushayi11y ago
wanted to find out if we can use abbreviations on the answer script for example property plant and equipment to ,ppe when writtin our finacial statements? i have been scared thinking i would be marked down
MikeLittleMikeLittleTutor11y ago#1
Abbreviate as much as you can! The only exception is where you are writing, for example, a report or letter. So you would instead say something like "According to the International Financial Reporting Standards (IFRS) the correct treatment of an asset in these.........." Ok?
Sshonamushayi11y ago#2
thank you mike
MikeLittleMikeLittleTutor11y ago#3
You're welcome
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