Which statement is not true?
A) AASB 1039 Concise Financial Reports has an equivalent international standard.
B) Shareholders who receive a concise report can request a full report.
C) The concise report must comply with the accounting standards.
D) Except for concise reports prepared for listed companies each financial statement must be accompanied by some discussion and analysis.

Question

Quizplus · Accepted Answer

AASB 1039 Concise Financial Reports does not have an equivalent international standard. The other statements are true regarding the provision and requirements for concise financial reports.

Which Statement Is Not True