- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
SINCE I AM STUDYING FINANCIAL REPORTING I HAVE LEARNED THE CALCULATIAON OF LONG TERM LIABIITY WE REPORTED AT PRESENT VALUE I HAVE LEARNED THE CALCULATION BUT I DID NOT UNDERSTAND THJE THE CONCEPT BEHIND THIS CALCULTION HOPE YOU WLL HELP ME
It needs to be recognised at present value to reflect its worth in today’s monetary terms. The ultimate concept is taken from the management accounting side of the syllabus where we are dealing with the time value of money.