Paper P2: What differentiates profit or loss from other comprehensive income?
ACCA: Technical articles - Podcast autorstwa ACCA Student Podcasts
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The purpose of the statement of profit or loss and other comprehensive income is to show an entity's financial performance in a way that is a useful to a wide range of users. This podcast explores the meaning of profit or loss and other comprehensive income and the relationship between them when presenting data in financial statements as required by IFRS.