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This Exposure Draft seeks comments on a proposed International Public Sector Accounting Standard (IPSAS) that aims to establish guidelines for the recognition, measurement, and disclosure of revenue
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Read the Exposure Draft ED 147 document thoroughly to understand its purpose and requirements.
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Who needs Exposure Draft ED 147?
01
Regulatory bodies and standard setters looking for feedback on the draft.
02
Organizations and individuals affected by the proposed standards.
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Accountants and auditors who need to understand the implications of the exposure draft for compliance.
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Stakeholders interested in the financial reporting landscape and wanting to contribute to policy-making.
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What is Exposure Draft ED 147?
Exposure Draft ED 147 is a preliminary version of a proposed accounting standard released for public comment by the relevant standard-setting body.
Who is required to file Exposure Draft ED 147?
Organizations and entities that follow the accounting standards set forth by the authority issuing Exposure Draft ED 147 are required to file it.
How to fill out Exposure Draft ED 147?
To fill out Exposure Draft ED 147, follow the provided guidelines, specify the required information, and ensure compliance with the formatting and submission instructions outlined in the draft.
What is the purpose of Exposure Draft ED 147?
The purpose of Exposure Draft ED 147 is to solicit feedback from stakeholders and the public on the proposed accounting standards before they are finalized.
What information must be reported on Exposure Draft ED 147?
Exposure Draft ED 147 must report necessary financial information, compliance details, and any other data specifically required by the issuing authority.
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