Equal prominence (paragraph 14) (paras. BCZ25)

BCZ25 The IASB noted that the financial performance of an entity is not assessed by reference to a single financial statement or a single measure within a financial statement. The IASB believes that the financial performance of an entity can be assessed only after all aspects of the financial statements are taken into account and understood in their entirety. Accordingly, the IASB decided that in order to help users of the financial statements to understand the financial performance of an entity comprehensively, all financial statements within the complete set of financial statements should be presented with equal prominence.