Page 15 - PowerPoint Presentation

PRESENTATION OF FINANCIAL STATEMENTS

Structure and content: Notes to the financial

statements (IAS 1 par .112–.138)

• The notes to the annual financial statements

should  present information about the basis of

preparation of the financial statements;

• present the specific accounting policies selected and

applied for significant transactions and events;

• disclose information required not presented elsewhere

in the financial statements; and

• provide additional information not presented elsewhere

in the financial statements, but which is relevant to an

understanding of any of them, for example information

about contingent liabilities.

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