According to International Financial Reporting Standards (IFRS), all of the following are part of minimum components of interim financial reporting except:
A) A condensed statement of cash flows.
B) A condensed statement of financial position.
C) A condensed statement of accumulated pension liabilities.
D) A condensed statement of net income and comprehensive income.
E) A condensed statement of changes in equity.

Question

Quizplus · Accepted Answer

A condensed statement of accumulated pension liabilities is not a required component of interim financial reporting under IFRS. The minimum components include a condensed statement of financial position, a condensed statement of profit or loss and other comprehensive income, a condensed statement of changes in equity, and a condensed statement of cash flows.

According to International Financial Reporting Standards (IFRS), All of the Following