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1 does net current assets method still counts in consolidation?
2 does 10% corridor,asset ceiling test still examinable?
3 expected or incurred loss model necessary?
4 if i write down according to old standards,acceptable?I’ve already answered this! Where did the answer go?
1 I don’t recognise the method to which you refer
2 No
3 In what context?
4 Not really – a new standard has an official start point some time in the future ( normally ) but usually early adoption is recommended. In turn, therefore, I recommend that you too adopt the new standard early and apply it in the exam
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