Under IFRS true no-par shares should be carried in the accounts at issue price without any share premium reported.

Name: Under IFRS true no-par shares should be carried in the accounts at issue price without any share premium reported.
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Under IFRS, no-par shares are recorded in the accounts at issue price, and no share premium is reported. This is because share premium is a concept related to shares issued above par value, which is not applicable to no-par shares.

Under IFRS True No-Par Shares Should Be Carried in the Accounts