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Sir I am appearing for sbr exam in march 2020.
I have seen in sbr past exam that the old framework is also tested. Should I have knowledge about the old framework as well?
I however have studied the revised framework and exposure drafts that are given in the examinable document by acca .Plz guide me with this as I get very confused when i see a framework qs
Unlikely to test old framework in any depth now. Main point is that, under old Framework, assets and liabilities were recognised if PROBABLE. Under new Framework assets and liabilities are recognised if relevant and can be faithfully represented.
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