For each class of share capital,an entity shall disclose either on the face of the statement of financial position or in the notes:
A) shares in the entity held by the entity or its subsidiaries or associates.
B) the number of shares authorised.
C) the number of shares issued but not fully paid.
D) all of the given answers.

Question

Quizplus · Accepted Answer

All of the given answers are required to be disclosed for each class of share capital as per the International Accounting Standard (IAS) 1 Presentation of Financial Statements. Therefore, an entity shall disclose all the options mentioned in the question either on the face of the statement of financial position or in the notes.

For Each Class of Share Capital,an Entity Shall Disclose Either