Under IFRS
A) comparative prior-period information must be presented, but financial statements need not be provided annually.
B) comparative prior-period information must be presented, and financial statements must be provided annually.
C) comparative prior-period information is not required, but financial statements need not be provided annually.
D) comparative prior-period information is not required, but financial statements must be provided annually.

Question

Quizplus · Accepted Answer

Under IFRS, entities are required to present comparative information for the previous period and financial statements must be provided annually.