Financial reporting exposure Draft 4

Abstract

Describes changes to the Financial Reporting Exposure Draft issued by the Accounting Standards Board. Highlights risk as a significant indication as to whether or not an entity has an asset. States that it should be assumed that the parties will remain liquid and solvent unless it can be reasonably foreseen that this will not be the case.

Citation

Ryland, D.S. (1993), "Financial reporting exposure Draft 4", Journal of Property Finance, Vol. 4 No. 3. https://doi.org/10.1108/09588689310048669