Income Statements (Performance Reporting)

Date recorded:

The staff reviewed the Board tentative conclusions for a multi-column income statement that separates Income and Expenses Other than Remeasurements from Income and Expenses Resulting from Remeasurements. They noted that a small number of field tests have begun in the United Kingdom. The Board asked the NSS representatives to solicit feedback from companies in their countries. All agreed that such a fundamental change to the traditional income statement will require a broad educational effort by the IASB.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.