Reference no: EM133012318
Problem 1. The individual financial statements specified to be included in the annual financial report of a company under the Company's Act are:
A. Balance sheet
B. Cash flow statement
C. Profit and loss statement
D. If required by the accounting standards a consolidated profit and loss statement, balance sheet and statement of cash flows
E. All of the above
Problem 2. Ignoring disclosing entity's, under the Corpany's Act, it is not true that for the annual report:
A. The financial statements and notes must contain all the information necessary to ensure that a true and fair view of the entity's performance and financial position is provides
B. A half-yearly report must be included
C. An auditor's report must be attached (apart from small proprietary companies)
D. A director's report must be attached
E. The financial statements must comply with the accounting standards (apart from small proprietary companies)
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Which the individual financial statements specified to be
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