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As of 2005, consolidated financial statements of listed companies in the European Union are required to be prepared in accordance with IFRSs.
Complete the following accounting policy note on the use of IFRSs in the financial statements of a company listed on a stock exchange within the European Union:
"The consolidated financial statements of Company X plc have been prepared in accordance with International Financial Reporting Standards (IFRSs).
International Financial Reporting Standards comprise standards and interpretations approved by the International Accounting Standards Board (IASB)."
#question STATEMENT OF COMPERIHENSIVE INCOME
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Where does a poo make its way from?
Balance sheet is related along with reporting the financial position of an entity on a specific point in time. Such position is conveyed in terms of listing all the things of value
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