Structure of the notes

8.2 The notes shall:

(a) present information about the basis of preparation of the financial statements and the

specific accounting policies used, in accordance with paragraphs 8.5–8.7;

(b) disclose the information required by this IFRS that is not presented elsewhere in the

financial statements; and

(c) provide information that is not presented elsewhere in the financial statements but is

relevant to an understanding of any of them.

Notes

The application of the IFRS for SMEs, with additional disclosures when necessary, is

presumed to result in financial statements that achieve a fair presentation of the

financial position, financial performance and cash flows of SMEs. Additional

disclosures are necessary when compliance with the specific requirements in the
IFRS for SMEs is insufficient to enable users to understand the effect of particular

transactions, other events and conditions on the entity’s financial position, financial