Sir,in the opentuition note, [for circumstance in which other matter paragraphs may be necessary]:"Where the auditor reports on two sets of financial statements prepared under the different general purpose framework(e.g: national framework and IFRS)"
Why one annual report has two sets of financial statement that prepared under two different framework?
Thank you.
Ask the Tutor ACCA AAA
Other matter paragraph
6y ago#1National gaap for domestic filing purposes (statutory requirement) and IFRS for some other purposes - e.g. distribution to foreign investors.
Sign into reply to this topic.