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IFRS 1 | IAS 1| International Financial Reporting Standard 1 International Accounting Course
In this video, I discuss the IFRS 1. The main objective of IFRS 1 is to ensure that the entity's financial statements that firstly adopted IFRS contain high quality of information . IFRS 1 requires an entity to use the same accounting policies in its opening IFRS statement of financial position and throughout all periods. Farhat Accounting ...
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