Write down the components of financial statements w r t IASB-00107
This subjective question is related to the book/course
vu bio302 Molecular Biology.
It can also be found in
vu bio302 Mid Term Solved Past Paper No. 1.
Question 1: Write down the components of financial statements w.r.t IASB's framework.
Answer:
The framework deals with:The objective of financial statements.
The objective of the financial statements is to provide information about the financial position, performance and changes in financial position of an entity that is useful to a wide range of users in making economic decisions.
