When disclosing information about investments in associates, AASB 12/IFRS 12 Disclosure of Interests in Other Entities requires separate disclosure of which of the following?
I. Unrecognised share of losses in associates, in the Notes to the accounts.
II. Shares of changes recognised directly in the associate's equity, in the statement of changes in equity.
III. Share of profit or loss of associates, in the statement of profit or loss and other comprehensive income.
IV. Carrying amounts of investments in associates, in the statement of financial position.

Question

Quizplus · Accepted Answer

AASB 12/IFRS 12 Disclosure of Interests in Other Entities requires separate disclosure of all the given items when disclosing information about investments in associates. This includes the unrecognised share of losses in associates, shares of changes recognised directly in the associate's equity, share of profit or loss of associates, and carrying amounts of investments in associates.

When Disclosing Information About Investments in Associates, AASB 12/IFRS 12