By Hasaan Fazal on May 29, 2011
While preparing financial statements, especially Statement of Financial Position (SoFP) also, known as balance sheet, two presentation concepts are applied which are termed as Grouping and Marshalling. Grouping means presenting similar items together as one figure i.e. by combining them at one place and presenting as a single item on the face of financial statement. […]
Posted in ACCA, ACCA - F3, ACCA - F7, Accounting Concepts & Conventions, Accounting Concepts and Policies, Basics of Consolidation, CA, CAT, CAT - T3, CAT - T6, CIMA, CIMA C02, Consolidated IS, Consolidated SoFP, Consolidation and Associates, FA2, FFA, FIA, Financial Account Basics, Financial Accounting, Financial Statements of Companies, Financial Statements of Companies, Financial Statements of Sole Traders, Financial Statements of Sole Traders, IAS 1, Module B, Module C, Partnerships, Published Accounts |
