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  3. Study Set
    Australian Financial Accounting
  4. Exam
    Exam 23: Events Occurring After the End of the Reporting Period
  5. Question
    AASB 110 Requires the Financial Statements to Be Restated to a Liquidation
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AASB 110 Requires the Financial Statements to Be Restated to a Liquidation

Question 56

Question 56

True/False

AASB 110 requires the financial statements to be restated to a liquidation basis and for extensive additional disclosures to be made when a change in going concern status occurs after reporting date.

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