Profit
From Open Risk Manual
Definition
Profit (or Loss). The total of income less expenses, excluding the components of other comprehensive income.
Usage
- Income Statement
- Statement of Comprehensive Income
- Statement of Cash Flows
- Statement of Changes in Equity
Formula
Profit = Profit From Continuing Operations + Profit From Discontinued Operations
See Also
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Profit (loss)
- Common Initials: PnL
- Element Type and Attributes: Xduration, credit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs35.13c[2015-12-01]Disclosure, IFRS for SMEs5.5f[2015-12-01]Disclosure, IFRS for SMEs6.3c(i)[2015-12-01]Disclosure, IFRS for SMEs7.7b[2015-12-01]Disclosure
