Which of the following items does IFRS require to be disclosed but not necessarily presented on the income statement?
A) litigation settlements
B) finance costs
C) turnover
D) income of associates

Question

Quizplus · Accepted Answer

IFRS requires the disclosure of significant items such as litigation settlements in the notes to the financial statements, but they do not need to be presented on the face of the income statement.

Which of the Following Items Does IFRS Require to Be