Disclosure of financial statement subclassifications requires entities to present detailed line-item and equity breakdowns. Entities must disclose detailed subclassifications of line items in the balance sheet or notes, with disaggregation guided by accounting standards and the size, nature and function of amounts. Required breakdowns include classes of property, plant and equipment; receivables by type; inventories by category; provisions by purpose; and equity components. For each class of share capital disclose numbers authorised and issued, par value status, reconciliation of shares outstanding, rights and restrictions, treasury holdings, shares reserved for issue and reserve nature and purpose. Reclassifications between liabilities and equity require disclosure of amounts, timing and reasons.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure of financial statement subclassifications requires entities to present detailed line-item and equity breakdowns.
Entities must disclose detailed subclassifications of line items in the balance sheet or notes, with disaggregation guided by accounting standards and the size, nature and function of amounts. Required breakdowns include classes of property, plant and equipment; receivables by type; inventories by category; provisions by purpose; and equity components. For each class of share capital disclose numbers authorised and issued, par value status, reconciliation of shares outstanding, rights and restrictions, treasury holdings, shares reserved for issue and reserve nature and purpose. Reclassifications between liabilities and equity require disclosure of amounts, timing and reasons.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
