(Answered) Companies that use ifrsa may report all their assets on the

Finance

Companies that use IFRS:

(a) may report all their assets on the statement of financial position at fair value.

(b) may offset assets against liabilities and show net assets and net liabilities on their statement of financial positions, rather than the underlying detailed line items.

(d) do not have any guidelines as to what should be reported on the statement of financial position.

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