AASB 101 Presentation of Financial Statements requires an entity to disclose a description of the nature and purpose of each reserve within equity.

Name: AASB 101 Presentation of Financial Statements requires an entity to disclose a description of the nature and purpose of each reserve within equity.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

AASB 101 Presentation of Financial Statements requires an entity to disclose a description of the nature and purpose of each reserve within equity, as part of the notes to the financial statements.

AASB 101 Presentation of Financial Statements Requires an Entity to Disclose