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Discuss non-disclosure by canary ltd of information

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Reference no: EM132756121

Question: Canary Ltd is a catering company specialising in providing catering services to remote area mine sites. Canary has operations in Australia but during the current year it acquired signi?cant long-term contracts in Somalia and Yemen. Canary Ltd did not disclose any segment information related to these contracts.

Required: Discuss whether the non-disclosure by Canary Ltd of information about its operations in Somalia and Yemen would be material.

Reference no: EM132756121

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