Hi sm8980, sorry, I have actually completed the FA paper but still coming back to the forum to ask questions 🙂 Hopefully, someone else may see your message and get back to you! Good luck with your exam!
Yes mrjonbain. I have seen people mentioning least liquid to most liquid OR most liquid to least liquid, but I don’t see the standard mentioning it anyhow.
Does IAS 1 require the assets to be reported in the liquidity order? I thought it pointed out the minimum items to be reported and it would be up to the company to arrange the order? Thank you.
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