(d) Corporate annual reports contain both mandatory and voluntary disclosures.Required:(i)

(d) Corporate annual reports contain both mandatory and voluntary disclosures.

Required:

(i) Distinguish, using examples, between mandatory and voluntary disclosures in the annual reports of

public listed companies. (6 marks)

(d) (i) Mandatory and voluntary disclosuresMandatory disclosuresThese are components of the annual report mandated by law, regulation or accounting standard.Examples include (in most jurisdictions) statement of comprehensive income (income or profit and l