IFRS requires that companies report four financial statements with explanatory notes: balance sheet; income statement; statement of changes in equity,and statement of cash flows.

Name: IFRS requires that companies report four financial statements with explanatory notes: balance sheet; income statement; statement of changes in equity,and statement of cash flows.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

This is correct. IFRS does require companies to report these four financial statements along with explanatory notes.

IFRS Requires That Companies Report Four Financial Statements with Explanatory