International Acconnting Standards for a Public Limited Company M Sohail, Pakistan, Member Please tell what international standards are affecting the public limited company.
International Accounting Standards
Neusta Chepleting Metto 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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