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What is the earliest date that revised amounts

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Reference no: EM133004288

Question - Gino Corp. made an accounting policy change to report government grants gross rather than net, beginning on January 1, 2020. It is now preparing its December 31, 2020, financial statements and is subject to IFRS.

What is the earliest date that revised amounts are required to be included on the statements of financial position as a result of this policy change?

a) December 31, 2017/January 1, 2018

b) December 31, 2018/January 1, 2019

c) December 31, 2019/January 1, 2020

d) December 31, 2020

Reference no: EM133004288

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