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In which of following statement an entity shows its results of discontinued operation? i- Comprehensive Income ii- Balance Sheet i- Changes in Equity

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Question ajoutée par Muhammad Faheem , Consultant- Accounts, Audit & Taxation , Basim Associates
Date de publication: 2013/12/14
Aziz ur Rehman ur Rehman
par Aziz ur Rehman ur Rehman , Assistant Manager Finance , Central Power Puchasing Agency (CPPA)

Discontinued operations are those which have been disposed of or are held for sale. Their results are separately disclosed within the statement of comprehensive income (income statement) and their cash flows are separately disclosed within the statement of cash flows (cash flow statement).

Menerva Melad
par Menerva Melad , Account Executive, Key Accounts , Graphic Home Company

Comprehensive Income

Khaled Abdelrehim ACCA DipIFR CMA
par Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

statement of comprehensive income

Kazi Aijaz Qureshi
par Kazi Aijaz Qureshi , Senior Accounts Officer , State Bank of Pakistan SBP BSC(BANK)

Discontinued operation are disclosed either in notes or statement of comprehensive income distinct from continuing operations.

IFRS5

Hussein Ahmed Hussein AbedElhalim
par Hussein Ahmed Hussein AbedElhalim , Head of AP, banks, and Tax , Hygienic Paper Company LTD

Entities shows its results of discontinued operations in a separate income statement category ( Comprehensive income )

Utilisateur supprimé
par Utilisateur supprimé

I agree with Aziz ur Rehman Rana

hatem abdelrahman
par hatem abdelrahman , senior auditor , Accountability State Authority (SUPREME AUDIT INSTITUTE IN EGYPT)

comprehensive income (a seperate line in the income statement)

 

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