The presentation of current and non-current liabilities in the statement of financial position (balance sheet):
a. is shown only on GAAP financial statements.
b. is shown on both a GAAP and an IFRS statement of financial position.
c. is always shown with current liabilities reported first in an IFRS statement of financial position.
d. includes contingent liabilities under IFRS.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here