Why are these statements are false? I. Non-compliance with IAS 34 indicated that the entity does not comply with the requirements of IAS 1. II. IAS 34 requires entities whose equity or debt securities are traded in a public capital market to publish interim reports at least as of the end of the first half of the financial year.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
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Why are these statements are false?

I. Non-compliance with IAS 34 indicated that the entity does not comply with the requirements of IAS 1.

II. IAS 34 requires entities whose equity or debt securities are traded in a public capital market to publish interim reports at least as of the end of the first half of the financial year.

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