AASB 18 Presentation and Disclosure in Financial Statements 67-68: Place AASB 112 tax expense or income and related exchange differences in the income taxes category and AASB 5 discontinued operations in their own category

What else in your programme already covers this

This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Statement of profit or loss: categories, subtotals, line items and operating expenses (paragraphs 46 to 85) – AASB 18 Presentation and Disclosure in Financial Statements

• 46-48 Include all income and expenses in profit or loss unless a Standard says otherwise, and classify every item into one of the five categories
• 49-51 Assess whether the entity invests in assets or provides financing to customers as a main business activity, and disclose that fact and any change in the assessment
• 52-58 Classify residual items as operating, and classify returns on associates, joint ventures, unconsolidated subsidiaries, cash and cash equivalents and stand-alone return-generating assets as investing, subject to the main business activity overrides
• 59-66 Classify in financing the effects of liabilities raised purely for finance and the interest and interest rate effects of other liabilities, with the insurance and participation contract exclusions and the financing-to-customers overrides
• 69-74 Present operating profit or loss, profit or loss before financing and income taxes, and profit or loss as required subtotals, with the exception and labelling rule for entities that classify customer-financing liabilities in operating
• 75-77 Present the required line items in the statement of profit or loss, including the AASB 9 and AASB 17 items, and allocate profit or loss between non-controlling interests and owners outside the categories
• 78-85 Present operating expenses by nature or by function (or a mix) in the way that gives the most useful summary, show cost of sales where functions are used, and disclose in a single note the five nature totals and their allocation across function line items