The presentation of current and non-current liabilities in


The presentation of current and non-current liabilities in the statement of financial position (balance sheet):
(a) Is shown only on GAAP financial statements.
(b) Is shown on both a GAAP and an IFRS statement of financial position.
(c) Is always shown with current liabilities reported first in an IFRS statement of financial position.
(d) Includes contingent liabilities under IFRS.

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Accounting Basics: The presentation of current and non-current liabilities in
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