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Difference between Other operating income and Non-operating income

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Difference between Other operating income and Non-operating income

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • September 7, 2021 at 4:51 am #634660
    Lau
    Member
    • Topics: 19
    • Replies: 14
    • ☆

    Dear Tuitors,

    As we know, the classification of other operating income and non-operating income has an impact on the operating income aka EBIT and ultimately the computation of EBITDA.

    It is very confusing for the items below:
    Government grant
    Sundry income
    Foreign exchange gain
    Gain on disposal of property, plant and equipment, net
    Insurance claim income

    Is there any tutor expert in this area? Please advise how you would classify it and it is under GAAP or IFRS, thank you so much in advance for your explanation.

    Kind regards,
    Ivan

    September 7, 2021 at 6:51 am #634670
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54833
    • ☆☆☆☆☆

    This is not relevant for Paper FA.

    Better to ask in the Paper FR Ask the Tutor Forum.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Difference between Other operating income and Non-operating income’ is closed to new replies.

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