Accounts Payable to be included while deriving NOA / NMA?
I'm writing to clarify the defintion of calculating Operating Liabilities and Monetary Liabilities.
1. Should we include the Accounts Payable while calculating the Operating Liabilities for NOA (Net Operating Asset) under aggregate accrusal?
2. Should we include the Accounts Payable while calculating the Monetary Liabilities for NMA (Net Monetary Asset) under temporal method?
Thanks,
JW |