What does IFRS (IAS 1) require for a particular presentation format or order of items on the balance sheet? Does this requirement agree with your observations? Discuss any differences.

Do you believe that one presentation format for any or all of the financial statements should be required of all companies throughout the world? Explain why or why not.

Where are the main disclosure requirements for PPE, intangible assets, and inventories found in IFRS and in the Accounting Standards Codification?