New term of SOCI

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April 17, 2013 at 9:16 pm #122766
aira010185
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I have read from articles “ACCA qualification for 2013” that the term of “statement of comprehensive income” have changed to “statement of profit or loss and other comprehensive income”.
So, does it mean starting from this june 2013 we have to use the new term for all the ACCA papers exam?
Does it have any affect if we still using the old term?
As I am self study now so I don’t have any lecturers to inquiry for.
Anyone kindly reply? Thanks
April 18, 2013 at 9:00 am #122784
Sangria9
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ACCA article says to use right names, and standards have changed and now they also say to use right name.
Just remember those couple of names and DO USE IT!
It’s not so much terminology to remember.
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