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IFRS Notes

1032


Reporting comprehensive income
ias01-a17

IAS 1, Presentation of financial statements
IAS1-pr82
Comprehensive income is reported in the statement of comprehensive income.

U.S. GAAP
asc 220-10-45-8
Comprehensive income can be reported in one of the following formats:
Format 1: statement that reports results of operations
Format 2: separate statement of comprehensive income
Format 3: statement of changes in equity

asc 220-10-45-9
Format 1 or Format 2 is encouraged.

asc 220-10-45-10
Format 1 and Format 2 are superior to Format 3.
 

   
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