IFRS & IAS JESTFEST

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Across
  1. 1. wear and tear of assets due to unforeseen obsolescence
  2. 4. strategy to expand the business involving other businesses
  3. 8. gradual reduction of an intangible asset’s value over time
  4. 9. one of the tools which addresses the movement of funds in and out of the company
  5. 11. extra incentive for a job well done
  6. 12. exclusive rights for an invention
  7. 13. a key asset for the business
Down
  1. 2. the process of working on land for growing crops and raising livestock
  2. 3. financial protection against unforeseen events
  3. 5. VALUE hypothetical price in an open and competitive market
  4. 6. revealing financial details for transparency
  5. 7. TAX tax incurred on personal income
  6. 10. provides a comprehensive framework for recognising funds from debtors