Access Philips Company website and download: the annual report for 2021. Note: this file is...
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Accounting
Access Philips Company website and download: the annual report for Note: this file is available at: Philips Company prepared its consolidated financial statements in accordance with the International Financial Reporting Standards IFRS as mentioned in its annual report. Assuming that it was not mentioned in the annual report that the company is following IFRS; provide evidence from annual report related to course subjects studied that indicate that the company is following IFRS and not following GAAP?
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