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1.what is entry financial performance and position? 2.what is IFRS presentation financial statements required:the answer for...

1.what is entry financial performance and position?
2.what is IFRS presentation financial statements

required:the answer for each question must be just 3
 Sentences.

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Expert Solution

Answer:-

1.what is entry financial performance and position?

  • Money related explanations speak to a formal record of the budgetary exercises of a substance.
  • These are composed reports that amount the money related quality, execution and liquidity of an organization.
  • Monetary proclamation mirror the budgetary impacts of business exchanges and occasions on the element.
  • Four kinds of budgetary explanations,

( a ) . Statement of money related position

( b ) . Income explanation

( c ) . Cash stream explanation

( d ). Explanation of progress in value

2.what is IFRS presentation financial statements

required:the answer for each question must be just 3 :-

  • The utilization of IFRS remains, with extra indulgence when essential, is attempted to result in money related articulations that accomplish a reasonable presentation,also manages going concern issues, balancing and change in introduction or characterization.

ekkarill92 answered 1 year ago
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