Differential reporting for small- and medium-sized entities:

(a) is required for all companies less than a certain size.
(b) omits accounting topics not relevant for SMEs, such as earnings per share, and interim and segment reporting.
(c) has different rules for topics such as earnings per share, and interim and segment reporting.
(d) requires significantly more disclosures, since more items are not recognized in the financial statements

Answer rating: 100% (QA)

b omits accounting topics not relevant for SMEs such as ... View the full answer