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What is the format of balance sheet used in IFRS?

0 8 Views | Posted 9 months ago
Asked by J

  • 1 Answer

  • J

    Answered by

    Jaya Sharma | Contributor-Level 10

    9 months ago

    'Statement of Financial Position' is the balance sheet format used in IFRS. It first presents non-current assets which is followed by current assets, equity, non-current liabilities and at last, it presents current liabilities.

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