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Give the product for the following reaction.
AASB 101
An Australian Accounting Standards Board standard that prescribes the basis for presentation of general purpose financial statements, to ensure comparability both with the entity's financial statements of previous periods and with the financial statements of other entities.
General Purpose Financial Statements
Financial reports prepared to meet the needs of various users who are not in a position to demand reports tailored to their specific information requirements.
Interim Financial Statements
Financial reports that cover a period of less than one full fiscal year, often used to provide a more immediate view of a company's financial health.
Dissimilar
Pertaining to things that are not alike or have no likeness or similarity.
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