IAS 1 requires that information in relation to dividends paid or declared during the year be disclosed in:
A) the Statement of Changes in Equity only;
B) the notes only;
C) either the Statement of Changes in Equity or the notes;
D) the Statement of Comprehensive Income.

Question

Quizplus · Accepted Answer

IAS 1 requires disclosure of information related to dividends paid or declared during the year in either the Statement of Changes in Equity or the notes. Therefore, the correct choice is option C. The Statement of Comprehensive Income is not the appropriate place for such disclosure.

IAS 1 Requires That Information in Relation to Dividends Paid