IAS 1 requirements 

(a) IAS 1 (revised) lists six ‘overall considerations’ relating to the presentation of financial statements. Explain the main requirements of IAS 1 in relation to three of them.

(b) Explain the purpose of a statement of changes in equity and list the main items that should be shown in this statement. 

(c) List the main types of information which should be provided in the notes which accompany and form an integral part of the financial statements.