Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 18, Problem 18.9RQ
To determine

Concept Introduction:Special purpose framework is a special framework used to report the financial information for a specific purpose. Financial statements are generally presented in general purpose framework, also called as generally accepted accounting policies.

To discuss:The four bases for special purpose financial statement and its importance.

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