Examlex
Campaign-financing reforms of the recent era have eliminated the problem of
corrupt public officials for all practical purposes.
Date of Transition
The point in time at which an entity or organization begins the process of changing from one state, condition, or system to another.
IFRS 1
The International Financial Reporting Standard that provides guidelines for the first time adoption of International Financial Reporting Standards.
Opening Balance Sheet
Opening Balance Sheet is a financial statement showing a company's assets, liabilities, and equity at the beginning of an accounting period, providing a starting point for the year's transactions.
Comparative Information
Financial data presented for multiple periods or dates to allow users to identify trends, changes, and financial performance over time.
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