alleryStart learning →How does Ind AS 1 present profit or loss and OCI?
AOCI shown only in the equity statement
BOne statement with two sections
CTwo statements of equal weight
DOCI first, then profit or loss
Answer & Solution
Correct answer: B. One statement with two sections
Ind AS 1 requires a single statement of profit and loss with a profit or loss section first and an OCI section directly after it.
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