In the General Presentation and Disclosures exposure draft, the IASB proposed to amend IAS 7 – Statement of Cash Flows to standardise the presentation of interest and dividend cash flows. items of other comprehensive income that will be reclassified subsequently to profit or loss when specific conditions are met.items of other comprehensive income that will not be reclassified subsequently to profit or loss and.The IASB has ultimately decided not to relabel the two categories of other comprehensive income, and to retain the current labels: The Board also discussed whether to introduce an exemption to the general requirement to disaggregate material information, and tentatively decided to add an exemption that would apply to disclosures in the notes about the nature of operating expenses included in a function line item in the statement of profit or loss. ![]() For example, the entity could (i) explain that the aggregated amount does not include any material items or (ii) explain that the amount consists of several unrelated immaterial items and give an indication of the nature and amount of the largest item. If so, further information must be provided, as this would be material to users of financial statements. If a line item labelled “other” includes an aggregation of varied immaterial items, the entity must consider whether the aggregated amount is large enough that users of financial statements might question what it includes.
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