IAS 1 Presentation: All accounts must have P/L, SFP, Cash Flows, Notes, Comparatives IAS 2 Inventories: Value at the lower of cost (to get to location/condition) and Net Realisable Value (Price less completion/selling costs) IAS 7 Cash Flows: 3 headings 1. Operations (Turn P/L and working capital into cash) 2. Investments (PPE) 3. Financing (Debt/equity) [...]The post IFRS in 140 characters or less each... appeared first on ACCA & CIMA Exam Advice | Mapit Blog.
