IFRS 34

Question 1

Interim period

Answer 1

a financial reporting period shorter than a full financial year (most typically a quarter or half-year).

Question 2

Interim financial report

Answer 2

a financial report that contains either a complete or condensed set of financial statements for an interim period.

Question 3

interim financial report consists of

Answer 3

1. a condensed SFP
2. either (a) a condensed SCI or (b) a condensed SCI and a condensed income statement
3. a condensed SCE
4. a condensed SCF
5. selected explanatory notes