alleryStart learning →A required Ind AS disclosure is immaterial. What is the position?
AIt may be omitted unless law requires it
BIt must still be given in full
CIt needs auditor approval to omit
DIt must be moved to the equity statement
Answer & Solution
Correct answer: A. It may be omitted unless law requires it
A specific disclosure need not be given if the information is immaterial, except where law requires it.
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