Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p22
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 64026–67224

flows to the equivalent items presented in the statement of financial position. However, an entity is not required to present this reconciliation if the amount of cash and cash equivalents presented in the statement of cash flows is identical to the amount similarly described in the statement of financial position. [IFRS for SMEs Standard paragraph 7.20]

Other disclosures
      1.                     An entity shall disclose, together with a commentary by management, the amount of significant cash and cash equivalent balances held by the entity that are not available for use by the entity. Cash and cash equivalents held by an entity may not be available for use by the entity because of, among other reasons, foreign exchange controls or legal restrictions. [IFRS for SMEs Standard paragraph 7.21]

Notes to the Financial Statements[7]

Scope of this section
      1.                     This section sets out the principles underlying information that is to be presented in the notes to the financial statements and how to present it. Notes contain information in addition to that presented in the statement of financial position, the statement of profit or loss  and other comprehensive income (if presented), the statement of profit or loss and the statement of comprehensive income (if presented), the combined statement of income and retained earnings (if presented), the statement of changes in equity (if presented) and the statement of cash flows. Notes provide narrative descriptions or disaggregations of items presented in those statements and information about items that do not qualify for recognition in those statements. In addition to the requirements of this section, nearly every other section of this Standard requires disclosures that are normally presented in the notes. [IFRS for SMEs Standard paragraph 8.1]

Structure of the notes
      1.                     The notes shall:
           1.                    present information about the basis of preparation of the financial statements and the specific accounting policies used, in accordance with paragraphs 95–97;
           2.                    disclose the information required by this Standard that is not presented elsewhere in the financial statements; and
           3.                    provide information that is not presented elsewhere in the financial statements but is relevant to an understanding of any of them.
          [IFRS for SMEs Standard paragraph 8.2]

      1.                     An entity shall, as far as practicable, present the notes in a systematic manner. An entity shall cross-reference each item in the financial statements to any related information in the notes. [IFRS for SMEs Standard paragraph 8.3]
      2.                     Examples of systematic ordering or grouping of the notes include:
           1.                    giving prominence to the areas of its activities that the entity considers to be most relevant to an understanding of its financial performance and financial position, such as grouping together information about particular operating activities;
           2.                    grouping together information about items measured similarly such