Accounting Provisions and Contingencies should be disclosed in the Financial Statements. Do you agree, explain.

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What is the accounting treatment & presentation in Financial Statements?
Posted by:
Hamid Hafeez
23-August-2015

Accounting Cost Accounting Financial Accounting

Question added by LAWRENCE MAPURANGA , Business Admin , Services and Contracting
Date Posted: 2014/09/15

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1 Answers

by Adel Hassan , Financial Trainer and Consultant. , Freelance

We have to do, because part of our job responsibilities keeping all the concerned parties know about the status of the financial position. to be honest with all parties; we have to do that. also to allow the decision makers to take the right decisions

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