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    Exam 9: An Overview of Accounting for Liabilities
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    Discuss the Substance-Over-Firm Approach in IAS 32 Financial Instruments
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Discuss the Substance-Over-Firm Approach in IAS 32 Financial Instruments

Question 41

Question 41

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Discuss the substance-over-firm approach in IAS 32 Financial Instruments.

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Paragraph 18 of IAS 32 states:
The subst...

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