New Enhancement Request Regarding IFRS 18
Summary: Hi Team,
According to the IFRS 18, these are the required changes need to be done.
1.As per IFRS 18, the statement of profit or loss (P&L) must be structured by categorizing all income and expenses into five (5) distinct categories.
These five categories are used to organize the P&L and are defined by the nature of the income or expense:
a) Operating Category: The "residual" category, which typically includes income and expenses from an entity's main business activities.
b) Investing Category: Includes returns from investments, associates, joint ventures, and assets that generate a return independently (e.g., investment properties).
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