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Statement of Changes in Equity- Loss for the year is showing as Profit

Article ID

ias-12818

Article Name

Statement of Changes in Equity- Loss for the year is showing as Profit

Created Date

10th June 2018

Product

Problem

It has been reported that the Loss for the year is showing as Profit for the year on the Statement of Changes in Equity. This is happening where the result for last year is not the same as the result for current year (Profit in one, Loss in the other - where neither profit nor loss, ie zero, wording assumes "Profit")

Resolution

This has been recognised as a defect on the software and scoped to be fixed in version 18.2.1 The current workaround would be to iXBRL amend the report

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