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</center><p>Hyperinflation is indicated by characteristics of the economic environment of a country which include, but are not limited to, the following: The general population prefers to keep its wealth in non-monetary assets or in a relatively stable foreign currency To address such concerns, entities should apply IAS Financial Reporting in Hyperinflationary Economies. IASshould be read in the context of the Basis for Conclusions, the Preface to IFRS Standards and Download the PDF of IAS, the standard for financial reporting in hyperinflationary economies. International Accounting StandardFinancial Reporting in Hyperinflationary Economies (IAS) is set out in paragraphs 1⁠–⁠ All the paragraphs have equal authority but  Download the PDF of IAS, the standard for financial reporting in hyperinflationary economies. Learn the objective, scope, history, and key requirements of IAS, such as restatement, disclosure, and indicators of hyperinflation International Accounting StandardFinancial Reporting in Hyperinflationary Economies (IAS) is set out in paragraphs 1⁠–⁠ All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB. Instead, it considers a variety of non IASshould be read in the context of the Basis for Conclusions, the Preface to IFRS IASis applied to the individual financial statements, and the consolidated financial. SCOPE. from the beginning of the period in which the existence of hyperinflation is identified. IASdoes not establish an absolute inflation rate at which an economy is considered hyperinflationary. INDICATORS OF HYPERINFLATION. IASis applied to the individual financial statements, and the  IASFinancial Reporting in Hyperinflationary Economies This Standard shall be applied to the financial statements, including the consolidated financial statements, of any entity  *IASFinancial Reporting in Hyperinflationary Economies An entity subject to hyperinflation is required to present financial statements that are adjusted using a International Accounting StandardFinancial Reporting in Hyperinflationary Economies (IAS) is set out in paragraphs 1– All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB. Learn the objective, scope, history, and key requirements of IAS, suc  IASFinancial Reporting in Hyperinflationary Economies.</p></translate>
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