CIMA F1 Question Answer
When developing local Generally Accepted Accounting Principles (known as local GAAP) some countries start with International Financial Reporting Standards (IFRSs) which are then amended to reflect local needs and conditions.
This type of approach is classified as:
CIMA F1 Summary
- Vendor: CIMA
- Product: F1
- Update on: Sep 17, 2025
- Questions: 248