Under the New Differential Reporting Regime,Tier 2 Entities Will Be

Multiple Choice

Under the new differential reporting regime,Tier 2 entities will be able to apply a reduced disclosure version of the AASB standards,known as the Reduced Disclosure Requirements.The reduction in requirements for disclosing entities that are not publicly accountable would include which of the following?

A) disclosures relating to the usage of financial instruments
B) disclosures relating to income tax
C) disclosures relating to financial statement presentation
D) all of the options would apply to entities that are not publically accountable