The new International Financial Reporting Standards (IFRS) are reporting standards that have replaced International Accounting Standards (IASs)
The new International Financial Reporting Standards (IFRS) are reporting standards that
have replaced International Accounting Standards (IASs) over the years, with new topics being
addressed in these new standards. Financial statements, in this case of conversion, at the moment
do not comply with the applicable standards and interpretations regarding the requirements
therefore, this is to mean that the statements do not comply with them since they work well with
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APA
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