IFRS SELF-TEST QUESTION
{"Image DocumentName": "IFRS SELF-TEST QUESTION", "Image ImageDescription": "When converting to IFRS, a company must: recast previously issued financial statements in accordance with IFRS. use GAAP in the reporting period but subsequently use IFRS. prepare at least three years of comparative statements. use GAAP in the transition year but IFRS in the reporting year. LO 12 Compare the accounting information systems under GAAP and IFRS.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}