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Under AASB 101 Presentation of Financial Statements, profit or loss attributable to non-controlling interests is required to be disclosed in: Select one: a. an equity statement. b. a statement of financial position. c. a statement of profit or loss and other comprehensive income. d. a statement of cash flows.
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Question & Answer: Under AASB 101 Presentation of Financial Statements, profit or loss attributable to non-co…..
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Under AASB 101 Presentation of Financial Statements, profit or loss attributable to non-controlling interests is required to be disclosed in a statement of profit or loss and other comprehensive income
hence option C is correct
A complete set of financial statements comprises:
a statement of profit or loss and other comprehensive income for the period;
a statement of changes in equity for the period;
