Access IAS 34 (Interim Financial Reporting), and the interim financial report for the six-month period ended June
Question:
Access IAS 34 (Interim Financial Reporting), and the interim financial report for the six-month period ended June 30, 2015, for Nestlé SA from the company's website (www.nestle.com).
Instructions
(a) Identify what specific financial statements and the dates for each that are required by IAS 34 for interim financial reports. Refer to Nestlé's six-month report, and indicate the periods and dates of the financial statements that the company has provided for each of the required statements. Comment on whether the company has met all the requirements.
(b) On what basis have Nestle's interim statements been pre- pared? Summarize the type of information disclosed in Note 1 for accounting policies.
(c) Describe the nature of information provided in the other notes.
(d) Is this information audited?
Step by Step Answer:
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy