Using IFRS,usually noncurrent assets are presented first,followed by current assets.

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Under IFRS, noncurrent assets are typically presented before current assets on the statement of financial position (also known as the balance sheet). This is done to group together assets that are expected to be held for a longer period of time versus those that are expected to be used up or converted into cash within a year or less.

Using IFRS,usually Noncurrent Assets Are Presented First,followed by Current Assets