What are the areas the company disclosed as its contingent liabilities?
Advanced Financial Reporting
In your research, use 2020 annual financial statements (which are included in company’s annual reports). Answer the following questions:
IAS 8: Did the company change its accounting policy during the period covered by its financial statements?
IAS 8: Did the company correct an accounting error during the period covered by its financial statements? If yes,include details.
IAS 10: What did the company mention as Events after the reporting period?
IAS 37: What are the areas the company recognised provisions for?
IAS 37: What are the areas the company disclosed as its contingent liabilities?
IAS 37: Did the company disclose any contingent assets? If yes, include details.
IFRS 3: Did the company acquire a new subsidiary in the period covered by its financial statements? If yes,include the names of subsidiaries acquired (or, if this is not explicitly stated, the number of subsidiaries acquired) and describe what the company discloses about these acquisitions.