FVTOCI: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Add link.) |
||
| Line 16: | Line 16: | ||
*[[Fair value]] | *[[Fair value]] | ||
*[[FVTPL]] | *[[FVTPL]] | ||
*[[Statement of other comprehensive income]] | |||
*[[Statement of profit or loss and other comprehensive income]] | *[[Statement of profit or loss and other comprehensive income]] | ||
* [[IAS 39]] | * [[IAS 39]] | ||
Revision as of 16:19, 17 August 2016
Financial reporting.
Fair Value Through the statement of Other Comprehensive Income.
Changes in fair value are not reported through the statement of profit or loss.
Instead through the statement of other comprehensive income.
In practice, the statement of profit or loss and the statement of other comprehensive income may be presented as a single combined statement.
However, in any even the FVTOCI item will not appear in the statement of profit or loss part.
