Under IFRS, assets and liabilities appear in the statement of financial position in order of decreasing closeness-to-cash.

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Under IFRS, the statement of financial position does not require assets and liabilities to be listed in order of decreasing closeness-to-cash. Instead, assets and liabilities are often presented in order of liquidity, but the specific order can vary based on the entity's judgment and the nature of its operations.

Under IFRS, Assets and Liabilities Appear in the Statement of Financial