A company must prepare IFRS financial statements for the first time on December 31, 2022. According to

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A company must prepare IFRS financial statements for the first time on December 31, 2022. According to IFRS 1, what is the date of transition to IFRS for this company?

a. January 1, 2020

b. January 1, 2021

c. December 31, 2021

d. December 31, 2022

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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