Consider the statement: Accounting is a measurement and communication discipline.  Evaluate the statement with reference to assets valuation and presentation on financial statements.  Support your views with reasons, examples and references to scholarly literature. Criteria: Explain and describe the measurement aspects of accounting in relation to assets valuation and presentation on financial statements. Examine and describe the communication aspect of accounting in relation to assets valuation and presentation on financial statements Give reasons and examples Provide disclosures that would be necessary to communicate your thoughts

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