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All of the following are ways a country may use IFRS except : A country may require companies listed on its domestic stock exchange to

All of the following are ways a country may use IFRSexcept:

  • A country may require companies listed on its domestic stock exchange to use IFRS in preparing consolidated financial statements.
  • A country may permit foreign companies listed on a foreign stock exchange to use foreign GAAP.
  • A country may adopt IFRS as its national GAAP.
  • A country may require foreign companies listed on its domestic stock exchange to use IFRS.
  • A country may permit companies listed on its domestic stock exchange to use IFRS.

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