IFRS standards require the presentation of comparative financial statements by most companies for the current year as well as:
A)one preceding year.
B)three succeeding years.
C)four preceding years.
D)three preceding years.
E)two preceding years.

Question

Quizplus · Accepted Answer

IFRS standards generally require the presentation of comparative financial statements for one preceding year, allowing users to compare the current year's financial performance and position with the previous year.

IFRS Standards Require the Presentation of Comparative Financial Statements by Most