IFRS - pg. 14
Income Statement
Statement of Comprehensive Income
on pg. 11 says: Statement of Changes in Equity Required (thought it wasn't permitted under IFRS)
GAAP:
Reported in SE on the BS or in Statement of Income and Comprehensive Income (2?)
Am I misreading something (terminology maybe)? Referencing the Becker book but still confused. Anyhow so there are 3 ways:
Statement of Comprehensive Income
Statement of Income and Comprehensive Income
Within SE on the Balance Sheet
Can someone please clarify? Thanks