Presentation of Financial Statements

Reference no: EM133037800

Presentation of Financial Statements

Objective

This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity's financial statements of previous periods and with the financial statements of other entities. It sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content.

Scope
An entity shall apply this Standard in preparing and presenting general purpose financial statements in accordance with International Financial Reporting Standards (IFRSs).

Reference no: EM133037800

Questions Cloud

Characteristics of an entrepreneur : 1. Briefly describe what is meant by the term entrepreneurship.

Estimate Google equity beta after the debt is issued : Google currently has a market value of $231.9 billion and the risk-free rate is 0.28%. Estimate Google equity beta after the debt is issued

Managing behavior without formal power : Chiamara recently began taking business classes at her local university, because, tired of working for others in the retail sector, she wanted to learn enough t

How much will bench received at this point : Jag, Lee and Bench are partners having the following capital balances of P 11,200, P13,000 and P5,800, how much will Bench received at this point

Presentation of Financial Statements : Presentation of Financial Statements - Purpose financial statements in accordance with International Financial Reporting Standards (IFRSs).

Opportunities and risks that companies settling in dubai : Problem: What are possible opportunities and risks that companies settling in Dubai might have to face in the future, and what can Dubai do to prepare itself fo

10 ways to have better conversations : a. Pick one of the ten ways to have better conversations and explain two ways its absence could lead to communication challenges in an organization.

How much of the proceeds would be allocated to common stock : Tiktok Company issued 10,000 shares of its P5 Par value common stock having market value of P25 per share. How much of proceeds would allocated to common stock

Compliance on budget for front healthcare workers : How we can write compliance and non compliance on budget for front healthcare workers

User Account

All Pages