In terms of revenue related disclosures on the face of the statement of profit or loss and other comprehensive income:

Question

Quizplus · Accepted Answer

AASB 101 requires entities to disclose total revenue on the face of the statement of profit or loss and other comprehensive income. It does not require revenue by category to be disclosed. AASB 118 provides guidance on how to recognize revenue, but it does not specify the disclosure of revenue on the face of the statement of profit or loss and other comprehensive income.

In Terms of Revenue Related Disclosures on the Face of the Statement