Question: 4- Refer to Exhibit 3-6 in this chapter and note the countries that do not permit domestic listed companies to use IFRS. Required: Identify three

4- Refer to Exhibit 3-6 in this chapter and note the countries that do not permit domestic listed companies to use IFRS. Required:

4- Refer to Exhibit 3-6 in this chapter and note the countries that do not permit domestic listed companies to use IFRS. Required: Identify three countries from this group that are likely to have different reasons for not permitting the use of IFRS by domestic listed companies. Describe those reasons. EXHIRIT 3.6 Use of IFRS in Preparing Consolidated Financial Statements as of June 2012 Abu Dhabi (UAE) Anu Antigua and Barbuda Armenia Austria Bahamas Bar Barbados Bosnia & Herzegovina Botswana IFRS Required for All Domestic Listed Companies Ecuador Kenya Norway Egypt Korea (South) Oman Estonia Kuwait Panama Kyrgyzstan Papua New Guinea Finland Peru France Lebanon Poland Georgia Libya Portugal Germany Liechtenstein Qatar Ghana Lithuania Romania Greece Luxembourg Serbia Grenada Macedonia Sierra Leone Guatemala Malaw Slovak Republic Guyana Malta Slovenia Honduras Mauritius South Africa Hong Kong Mexico SA Spain Hungary Mongolia St. Kitts & Nevis Iceland Montenegro Sweden Namibia Tajikistan Ireland Nepal Tanzania Netherlands Trinidad & Tobago Jamaica New Zealand United Kingdom Jordan Nicaragua West Bank/Gaza Kazakhstan Nigeria Zambia IFRS Required for some Domestic Listed Companies an d Israel Saudi Arabia China Canada Costa Rica Iraq Italy Cyprus Cech Republic Denmark Dominican Republic Dubai (UAE) aran MROCCO Anna Bermuda Bo wa Cayman Islands Dominican Republic Ecuador El Salvador IFRS Permitted for Domestic Listed Companies Gibraltar Mozambique Haiti Mianmar India Netherlands Antilles Japan Paraguay Laos Sri Lanka Lesotho Suriname Maldives Swaziland Switzerland Turkey Uganda Virgin Is. (British) Zimbabwe Iran Bangladesh Benin Bhutan Burkina Faso Colombia Cote d'Ivoire Cuba Indonesia IFRS Not Permitted for Domestic Listed Companies Singapore United States Malaysia Syria Uruguay Mali Taiwan Uzbekistan Moldova Thailand Venezuela Niger Togo Vietnam Pakistan Tunisia Turkmenistan Ukraine Philippines Russia IFRSs in Your Pocket 2012, www.lasplus.com (cossed in May 22,2012)

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