What is the purpose of a highlights statement how does a


What is the purpose of a highlights statement?

How does a five-year summary of historical results help investors?

How does segmental information help the users of financial statements?

Which items are reported on a segmental basis?

How are segments identified?

Why is off-balance-sheet finance a problem in accounting?

What principles are recommended by the UK ASB for determining whether assets and liabilities should be reported on the statement of financial position (balance sheet)?

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