Accounting homework help. Determine the year in which the company transitioned to IFRS by referring to the accounting policies note in the financial statements (usually the first note). An overview of IFRS adoption should be mentioned. Based on that information, answer the following:
i. What was the first year the company adopted IFRS?
ii. What was the date of transition, as defined in IFRS 1?
iii. What was the previous GAAP that the company used before IFRS?
iiii. What exemptions did they utilize?
v. Were there any special IFRS considerations?

Accounting homework help