About this document

4 Elements of FS, Recognition, Measurement and Disclosure by Justin Bitua is a document available to read on EtoBox.

The document defines the key elements of financial statements which are assets, liabilities, equity, income and expenses. It discusses the characteristics, types and recognition and measurement of each element. Recognition criteria require items to meet the definition of an element to be included in financial statements. Measurement can be historical cost or current value like fair value, value in use or fulfillment value.

Author

Justin Bitua

Language

EN