Under AASB 101 Presentation of Financial Statements,profit or loss attributable to non-controlling interests is required to be disclosed in:
A)an equity statement.
B)a statement of financial position.
C)a statement of profit or loss and other comprehensive income.
D)a statement of cash flows.

Question

Quizplus · Accepted Answer

The disclosure of profit or loss attributable to non-controlling interests is required to be presented in the statement of profit or loss and other comprehensive income, in accordance with AASB 101.

Under AASB 101 Presentation of Financial Statements,profit or Loss Attributable