On July 9, 2009 the International Accounting Standards Board (IASB) issued the International Financial Reporting Standards (IFRS) for small and medium-sized enterprises (SMEs), an alternative framework for eligible entities in place of the full-set IFRS.
FORMS OF BUSINESS ORGANISATION: The main forms of business organisation in Ghana in approximate order of importance are: private and public limited liability companies; branches of foreign firms; partnerships; sole traders; companies limited by guarantee; and unlimited liability firms. They are: Limited...
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