According to AASB 1039, in order to provide clear information to shareholders, the concise financial report must disclose which of the following?
I.Gross profit
II.Dividends per share
III. Earnings per share
IV.The capitalisation ratio
V.Changes in accounting policies
A) I, II and III
B) II, III and V
C) III and IV
D) II and V

Question

Quizplus · Accepted Answer

AASB 1039 requires disclosure of dividends per share, earnings per share, and changes in accounting policies in a concise financial report. Gross profit and capitalization ratio are not specifically required to be disclosed in a concise financial report.

According to AASB 1039, in Order to Provide Clear Information