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Which publicly-listed companies are currently required

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Problem 1: In Australia, publicly-listed companies and federal and local governments are currently required to:

Select one:

a. None of the above

b. prepare their financial statements based on International Financial Reporting Standards (IFRSs) with Reduced Disclosure Regime

c. prepare their financial statements in accordance with full International Financial Reporting Standards (IFRSs)

d. choose to either follow or not follow Australian Accounting Standards and disclose their option

Reference no: EM132621344

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