there is no standard practice on how to account for the emission allowance, how should the company make the disclosure regarding the emission allowances to provide ‘useful’ information to the relevant stakeholders

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter22: Accounting For Changes And Errors.
Section: Chapter Questions
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Disclosure

  1. As there is no standard practice on how to account for the emission allowance, how should the company make the disclosure regarding the emission allowances to provide ‘useful’ information to the relevant stakeholders?

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