Question Tag: Elements of Statements

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FA – Nov 2014 – L1 – SA – Q1 – Elements of Financial Statements

Identifying the item not part of a complete set of financial statements under IFRS.

Which of the following is NOT part of a complete set of financial statements under International Financial Reporting Standard (IFRS)?

A. Statement of changes in equity
B. Statement of financial position
C. Statement of cash flows
D. Statement of corporate governance
E. Notes to the financial statements

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FA – Nov 2014 – L1 – SA – Q1 – Elements of Financial Statements

Identifying the item not part of a complete set of financial statements under IFRS.

Which of the following is NOT part of a complete set of financial statements under International Financial Reporting Standard (IFRS)?

A. Statement of changes in equity
B. Statement of financial position
C. Statement of cash flows
D. Statement of corporate governance
E. Notes to the financial statements

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