The Financial Reporting Council of Nigeria, FRC, has advised that the IAS 29: Financial Reporting in Hyperinflationary Economies should not be applied to prepare financial statements for the 2025 ...
THE Financial Reporting Council of Nigeria (FRC) has issued a detailed statement clarifying the application of International Accounting Standard (IAS) 29, Financial Reporting in Hyperinflationary ...
The Financial Reporting Council, FRC, has explained that Nigeria has not gotten to the point of hyperinflationary economy, adding that International Accounting Standards, IAS 29, is not necessary in ...
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