Under the new differential reporting regime,the reduction in requirements for disclosing entities that are not publicly accountable would include which of the following?
A) Disclosures relating to financial statement presentation.
B) Disclosures relating to the usage of financial instruments.
C) Disclosures relating to income tax.
D) All of the above.

Question

Quizplus · Accepted Answer

Under the new differential reporting regime, the reduction in requirements for disclosing entities that are not publicly accountable would include disclosures relating to financial statement presentation, disclosures relating to the usage of financial instruments, and disclosures relating to income tax. Therefore, all of the above choices are correct.

Under the New Differential Reporting Regime,the Reduction in Requirements for Disclosing