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Headache for reporting firms

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  THE Public Accountants and Auditors Board (PAAB) says the recently gazetted Statutory Instrument 33 of 2019, which set an exchange rate of 1:1 between RTGS$ and US dollars, conflicts with Zimbabwe’s prescribed reporting standards. The law, which was gazetted on February 22, 2019 specified, among other things, that for accounting and other purposes, all…

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