The notes to the financial statements provide information that is not presented elsewhere in the financial statements, but that information is relevant to understanding the financial statements. An entity shall, to the extent practicable, present the notes to the financial statements in a systematic manner. An entity cross-references each item in the statement of financial position and statement of comprehensive income, separate statement of income (if presented), statement of changes in equity and statement of cash flows for related information in the notes to the financial statements.
In some circumstances, it may be necessary or desirable to distinguish the order of certain items in the notes to the financial statements. For example, an entity may combine information on changes in fair value recognized in profit or loss with information about the maturity of financial instruments, even if the first disclosure relates to the statement of comprehensive income or a separate statement of income (if presented) and the second relates to the statement of financial position. However, the entity maintains a systematic structure for the notes to financial statements to the extent practicable. Entities may present notes to financial statements that provide information about the basis for preparation of financial statements and certain accounting policies as a separate part of the financial statements.

Mitra Konsultindo Group
Tax Consultants | Accounting, Financial Reporting | Audit | Business Management Consultants | Company Establishments, Business Licenses | Other Business Solutions
Hotline (Call/WA/SMS): 082-11-22-900-33
Website: mitrakonsultindo.co.id