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FOR IFRS please answer as per below information?

On July1, year2, a company decided to adopt IFRS. The company’s first IFRS reporting period is as of and for the year ended December, year2. The company will present one year of comparative information. What is the company’s date of transition to IFRS?

A. January1, year1.B. January1, year2.C. July1, year2.D. December, year2.

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Question added by Anil Lalwani , Chief Accountant , Al Ahli Hospital
Date Posted: 2016/10/24
manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

The company’s date of transition to IFRS is

A. January1, year1

SHAIK KHADER BASHA BASHA
by SHAIK KHADER BASHA BASHA , Senior Accountant , Polysilicon Technology Company Ltd

B. January1, Year1 - Even it's Decided to Adopt on july1, year to , company should start from January1, year1.

Nazmul Islam CMA
by Nazmul Islam CMA , Manager , Robi Axiatal Ltd.

As there is the need comparative information I think the date should be January 1, year 1.

Wilfredo Quito
by Wilfredo Quito , Accounting Manager , DDC LAND INC.

Thanks for Inviting me Mr. Anil.

answer is A. January1, year1