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28
Dec
In the ACCA F7 exam, you'll have to describe and apply the principles of inventory valuation. IAS 2 Inventories is the accounting standard which covers this, here's a little summary.
Scope of IAS 2 Inventories
IAS...
27
Dec
Outsourcing refers to a situation where an entity contracts an outside organisation to perform part of a manufacturing process or another function normally undertaken within the entity.
Outsourcing may refer to an entity’s decision to...
20
Dec
Not all business combinations take place in one go. Sometimes a parent can acquire an entity in stages, which we call a step acquisition. This takes place when an acquirer holds an existing equity...
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