- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
As we know which of the following we can say for sure that is not a part of of IAS 1 presentation of financial statement?
-Comparative information for the previous period must also be reported in the financial statements
-A full set of financial statements include additional notes with supporting information.
-To ensure consistency, companies must use specific expense categories such as Cost of Sales and Administration Costs
-The Statement of Profit and Loss and Other Comprehensive Income can be reported in two separate statements.
Why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and explanations
It is the third statement that is not a requirement of IAS 1