Which of the following need not appear as a stand-alone item on the statement of financial position under IFRS?
A) Liabilities forming part of a disposal group (held-for-sale).
B) Deferred Tax Liabilities.
C) Provisions.
D) Asset Retirement Obligations.

Question

Quizplus · Accepted Answer

Asset Retirement Obligations are typically included within provisions and do not need to be presented as a separate line item on the statement of financial position under IFRS.

Which of the Following Need Not Appear as a Stand-Alone