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All of the following are ways in which in simplified IFRS for is less complex than full IFRS except which statement: Revisions to the IFRS
All of the following are ways in which in simplified IFRS for is less complex than full IFRS except which statement:
Revisions to the IFRS for SMEs will be limited to once every five years.
Simplified IFRS for SMEs allows fewer accounting policy choices.
Topics that are not relevant for SMEs are ommited.
Significantly fewer disclosures are required.
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