Which is the difference between other comprehensive income and income statetment?
Ask the Tutor ACCA FR
Oci
Statement of Profit or Loss (not 'Income statement') shows income and expense of ongoing normal trading activities whereas Statement of Comprehensive Income shows matters such as revaluation changes and gains / losses from pension funds (not in F7 syllabus)
And what about income statement? What it shows?
There's no such thing as an "Income Statement"
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