Prepare the company financial statements

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You have been recruited by an Australian company, Jessie's Jelly Beans Ltd, to provide advice as the company accountant has formed a view that compliance with a particular AASB standard will mean that the company's financial statements will not provide a true and fair view, which is contrary to the Corporations Act.

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Question a) Advise the directors how this problem can be resolved when preparing the company's financial statements in accordance with AASB 101/IAS

Reference no: EM132563058

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