Title: Relevance and Lenovo's Application of Relevance
|Date:||July 19, 2005|
|Length:||5 / 1258|
|No of views:||0|
|Essay rating:||good 0, average 0, bad 0 (total score: 0)|
Relevant information today may not be relevant anymore in one years’ time, which highlights the link between timeliness and relevance.
Entities’ Applicaton of Relevance
In illustrating relevance, the segment reporting is used. Two companies dealing with computer technology are chosen to illustrate relevance...
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Two companies dealing with computer technology are chosen to illustrate relevance. The companies are:
• International Business Machines Corporation (IBM), with financial statements prepared in accordance with GAAP
• Lenovo Group Limited (Lenovo), with financial statements prepared in accordance with Hong Kong Financial Reporting Standards and Hong Kong Accounting Standards, which are in accordance with IFRS...
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