According to AASB 1039,in order to provide clear information to shareholders the concise financial report must disclose how many of the following?
.Gross profit
.Dividends per share
.Earnings per share
.Sales revenue
.Changes in accounting policies

Question

Quizplus · Accepted Answer

According to AASB 1039, the concise financial report must disclose the following four items to provide clear information to shareholders: dividends per share, earnings per share, sales revenue, and changes in accounting policies. Gross profit is not specifically required to be disclosed in the concise financial report.

According to AASB 1039,in Order to Provide Clear Information to Shareholders