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International Accounting Review

Teacher: S. Woods
Horizontales
Money in a country.
Guidelines set by the IASB
Original monetary value of an economic item.
Line of business.
Verticales
Enterprise operating in several countries but managed from one country.
Valued at current replacement cost vs original cost.
Sustained increase in price level of goods and services over a period of time.
Combining assets, equity, liabilities, and operating accounts of a parent firm and its subsidiaries.
Quality accounting information from one company to another company.
Additional information attached to an entity's financial statements.