According to AASB 101,a complete set of financial statements includes:
A)a statement of cash flows for the period
B)notes,comprising a summary of significant accounting policies and other explanatory information
C)a statement of comprehensive income for the period
D)all of the above

Question

Quizplus · Accepted Answer

According to AASB 101, a complete set of financial statements includes a statement of cash flows, notes comprising a summary of significant accounting policies and other explanatory information, and a statement of comprehensive income for the period. Therefore, the best choice is D which includes all of the above.

According to AASB 101,a Complete Set of Financial Statements Includes