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is it compulsary to disclose categories of financial instruments in ifrs for sme


is it compulsary to disclose categories of financial instruments in ifrs for sme

asked Jan 15, 2016 in IAS 1 - Presentation of Financial Statements by Louis

1 Answer

0 votes
Yes, It is required to be disclosed by SMEs also. Information must also be disclosed to enable users to evaluate the significance of financial instruments for financial position and performance e.g. the terms and conditions of long term debt, restrictions, repayment schedules etc.
answered Dec 9, 2016 by Shivangi Level 4 Member (7,570 points)


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