Volume 2 primarily addresses the credit side of the statement of financial position. Key areas of study include:
The book is revised regularly to stay in line with the latest Philippine Financial Reporting Standards (PFRS), International Financial Reporting Standards (IFRS), and interpretations from bodies like PIC and IFRIC.
Practical Financial Accounting 2 Valix 2021 Ed | PDF - Scribd
: Extensive sections on book value per share and earnings per share calculations. The "Valix" Methodology