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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 1
(a) Under IAS 1, all revenues and gains are reported as part of Comprehensive income and classified either under “net profit for the year” or “other comprehensive income”. What benefit and drawback can be derived from this approach ?
Your colleague Vimela asked 10 hours ago
Check out his post and my response lower down on this forum
