IAS 1Chapter 2Lesson 3
Frequency, comparative information and consistency of presentation
Step 1 of 8Learning objectives
Go deeper+1 point of attention
A complete set is presented at least annually with the previous period's comparatives, and presentation stays consistent except for two exceptions.
35 minNot started
Learning objectives
- Identify the minimum frequency for presenting a complete set and what a period different from a year implies.
- Explain and determine, for a case, the minimum comparative information to present.
- Explain the consistency rule and its two exceptions.
- Determine whether a change in presentation is justified and draw the consequences for comparatives.