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Expense Recognition on the Income Statement – CFA Level 1 – Financial reporting & analysis

Posted By aarwinsguidetocfa 759 days ago on Finance

http://aarwinsworldoffinance.com - In the last post we discussed the problems associated with revenue recognition and how revenue is recognized on the income statement under different scenarios. In this post we move on to discussing the various aspects of expense recognition. Expense recognition on income statements Expenses are depletion in assets or increases in liabilities resulting in depletion... Read More
The post Expense Recognition on the Income Statement – CFA Level 1 – Financial reporting & analysis appeared first on Aarwin's Guide to CFA.

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