Invertext Online Technical Dictionary

income and expense recognised directly in equity


ganancias o pérdidas reconocidas directamente en patrimonio

Definition 1

Gains and losses booked directly against equity.

Source: Invertext, from IFRS

Context: For example, in a corporate entity, subclassifications [of equity] may include funds contributed by shareholders, retained earnings and gains [income] or losses [expense] recognised directly in equity.

Source: IFRSforSMEs2009

Appears in the following subjects