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Q. |
Which of the following is the starting point for an entity accounting in accordance with IFRSs? |
A. | the date when the decision about adopting ifrs has been made |
B. | the date of issuance of the first financial statement in accordance with ifrs |
C. | the date of transition to ifrss |
D. | the date when the explicit and unreserved statement of compliance with ifrss has been made |
Answer» C. the date of transition to ifrss |
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