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Because IAS 39 does not deal with accounting for equity instruments issued by the reporting company nonetheless it does manage accounting for financial liabilities, classification of an instrument as liability or as fairness is essential. IAS 32 Financial Instruments: Presentation addresses the classification question.If we aren't pursuing the hed

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Held for buying and selling. The second classification includes economical belongings that happen to be held for buying and selling. All derivatives (other than Individuals selected hedging devices) and economical property obtained or held for the goal of providing during the short term or for which There exists a recent pattern of small-expression

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