International Acconnting Standards for a Public Limited Company

International Accounting Standards
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M Sohail
Pakistan

International Acconnting Standards for a Public Limited Company

Please tell what international standards are affecting the public limited company.

  Neusta Chepleting Metto
 

International Accounting Standards

IAS affects the public company as it is a requirement that public companies should prepare their accounts according to the IAS and IFRS by the company's act. On formation the memorandum must indicate this requirement, public limited accounts must be audited by auditors to test the publication of this requirement.

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