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3. Geneva Technology Company (GTC), a Swiss-based compay founded in 1999, is considering the us of IFRS in preparing its annual report for the year

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3. Geneva Technology Company (GTC), a Swiss-based compay founded in 1999, is considering the us of IFRS in preparing its annual report for the year ended Dec 31, 2013. You are manager of GTC's fixed assets accounting department. The steps that you will need to take in your department to comply with the requirements of IFRS 1

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