IFRS1, First time Adoption of International Financial Reporting Standards, allows certain optional and mandatory exceptions...
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Accounting
IFRS1, First time Adoption of International Financial Reporting Standards, allows certain optional and mandatory exceptions to the rule that all assets and liabilities under previous GAAP should comply with IFRS at the date of transition. Which of the following elements of the financial statements is a mandatory exception?
Business combinations
Employee Benefits
Foreign translation reserves
Hedge Accounting
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