IAS 1 Presentation of Financial Statements requires all current and non-current assets to be presented in the statement of financial position in the order of maturity.

Question

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IAS 1 Presentation of Financial Statements requires all current assets to be presented before non-current assets, and within each category, assets should be presented in the order of liquidity (i.e. how easily they can be turned into cash). There is no requirement for assets to be presented in the order of maturity.

IAS 1 Presentation of Financial Statements Requires All Current and Non-Current