Which of the following items would require special disclosure under IFRS?
A)Investment property
B)Biological assets
C)Provisions
D)All of these

Question

Quizplus · Accepted Answer

All three items - investment property, biological assets, and provisions require special disclosure under IFRS. 
Investment property requires specific disclosure of the fair value and important lease terms.
Biological assets require disclosure of the fair value less costs to sell and a description of the nature of the assets.
Provisions require detailed disclosure of the amount, timing, and uncertainties surrounding the obligation being provided for.

Which of the Following Items Would Require Special Disclosure Under