How do firms report assets on the balance sheet under IFRS?

A.

Under IFRS, assets must be reported in order of liquidity.

B.

Under IFRS, assets must be reported in reverse order of liquidity.

C.

Under IFRS, assets can, and often are, reported in the order of the account with the highest dollar value.

D.

Under IFRS, assets can, and often are, reported in reverse order of liquidity.