Briefly describe the required exemptions to retrospective application at first-time adoption of IFRS.
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The IASB identified three required exemptions to retrospective applic...View the full answer
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Simran Agarwal
I have been the topper of my school excelling in accounts in every semester that happened. In college I secured my degree with 1st division. I have always been interested in finance and in my professional exam of Chartered Accountancy, I secured exemption in Financial Reporting, Strategic Financial Management, Risk Management, Accounting and Advance Accounting. This subjects covered topics such as portfolio management, dividend decisions, NPV, IRR, decision making, valuation of equity, valuation of firm, forex, derivatives, financial instrument, financial statement analysis, ratio analysis and so on.
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Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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