According to AASB 1039, how many of the following disclosures must be made in a concise financial report in order to provide clear information to shareholders?
$\bullet$Graphs of profits for the last five years
$\bullet$Details of any changes in accounting policies or estimates
$\bullet$The amount of dividends paid and dividends declared
$\bullet$That the report is an extract only from the full financial report
A) 1
B) 2
C) 3
D) 4

Question

Quizplus · Accepted Answer

AASB 1039 requires concise financial reports to include disclosures about changes in accounting policies or estimates, the amount of dividends paid and declared, and that the report is an extract from the full financial report. Graphs of profits are not a required disclosure.

According to AASB 1039, How Many of the Following Disclosures ∙\bullet∙

According to AASB 1039, How Many of the Following Disclosures $\bullet$