We all know that if a contingent liability is PROBABLE and ESTIMABLE then it should be recorded, however if it's not estimable then it should be disclosed. Would you say that the phrase “reasonably possible” is equivalent to PROBABLE if you came across it in a stimulation?
Have to pass in 2012...
AUD - 73, 2/20 (tough exam came out crying)79 Yes! Passed, what a relief!
REG - MAY 2012
FAR - ?? 2012
BEC - ?? 2012
AUD - 73, 2/20 (tough exam came out crying)79 Yes! Passed, what a relief!
REG - MAY 2012
FAR - ?? 2012
BEC - ?? 2012
