Statement of profit or loss and other comprehensive income: Difference between revisions
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''Financial reporting - primary statements.'' | |||
A statement showing the amount and the build up of the reporting entity's profit or loss for the period, together with other comprehensive income. | A statement showing the amount and the build up of the reporting entity's profit or loss for the period, together with other comprehensive income. | ||
International Accounting Standards (IAS 1) allows an entity to present a single combined 'Statement of profit and loss and other comprehensive income' '''or''' as two separate statements (Statement of comprehensive income and Statement of profit or loss). | |||
== See also == | == See also == | ||
* [[Financial reporting]] | |||
* [[Profit and | * [[IAS 1]] | ||
* [[Income statement]] | |||
* [[Other comprehensive income]] | |||
* [[Primary statements]] | |||
* [[Profit and Loss account]] | |||
* [[Reporting entity]] | |||
* [[Statement of comprehensive income]] | * [[Statement of comprehensive income]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 22:08, 10 August 2021
Financial reporting - primary statements.
A statement showing the amount and the build up of the reporting entity's profit or loss for the period, together with other comprehensive income.
International Accounting Standards (IAS 1) allows an entity to present a single combined 'Statement of profit and loss and other comprehensive income' or as two separate statements (Statement of comprehensive income and Statement of profit or loss).
