Full disclosure of financial statements includes:
The cash flow information provides financial statement users with a basis to assess the entity’s ability to generate cash and cash equivalents, and the needs of the entity to utilize those cash flows.
IAS 7 cash flow statement sets out the requirements for the preparation of the financial statements and related disclosures.
Notes must:
We use the Mediaset group’s financial statement bilancio 2008 to see the format developed to deal with minority interests and the way they are recorded.
3. Consolidation and its scope
4. Assessment of excluded investments. Corporate case studies
5. Governance and strategic framework. Corporate case-studies
9. Consolidation of investments
11. Consolidated financial statements
13. Tax effects of transition to IAS, IFRS