Question: Can a subsidiary - whose parent uses full IFRS - use IFRS for SMEs if the subsidiary itself is not publicly accountable?

Can a subsidiary - whose parent uses full IFRS - use IFRS for SMEs if the subsidiary itself is not publicly accountable?

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Can a subsidiary whose parent uses full IFRS use IFRS for SMEs if the subsidiary itself is not publicly accountable? Explain thoroughly in 2 paragraphs.

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