Which of the following is not required to be disclosed in the statement of financial position as a line item?
A) Property, plant and equipment
B) Provisions
C) Accrued audit fees
D) Deferred tax liabilities

Question

Quizplus · Accepted Answer

Only assets, liabilities, and equity are required to be disclosed as line items in the statement of financial position. Accrued audit fees are not considered an asset, liability, or equity and therefore are not required to be disclosed as a line item.

Which of the Following Is Not Required to Be Disclosed