Question Tag: Components of Financial Statements

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FA – May 2023 – L1 – SA – Q3 – Elements of Financial Statements

Identifying a component that is not part of financial statements under IFRS.

Which of the following is NOT a component of financial statements under IFRS?

A. Statement of financial position

B. Statement of profit or loss and other comprehensive income

C. Statement of changes in equity

D. Statement of cash flow

E. Statement of affairs

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FA – May 2023 – L1 – SA – Q3 – Elements of Financial Statements

Identifying a component that is not part of financial statements under IFRS.

Which of the following is NOT a component of financial statements under IFRS?

A. Statement of financial position

B. Statement of profit or loss and other comprehensive income

C. Statement of changes in equity

D. Statement of cash flow

E. Statement of affairs

Login or create a free account to see answers

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