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reported on the income statement vs reported in the income statement

Both phrases are correct, but they are used in slightly different contexts. 'Reported on the income statement' is commonly used when referring to specific items or figures that are included in the income statement. On the other hand, 'reported in the income statement' is more general and can be used to describe the overall content or information presented in the income statement.

Last updated: March 27, 2024 • 985 views

reported on the income statement

This phrase is correct and commonly used when referring to specific items or figures that are included in the income statement.

This phrase is used to indicate that certain information or data is included or presented within the income statement.

Examples:

  • The revenue for the quarter was reported on the income statement.
  • Expenses are typically reported on the income statement.
  • Net income is reported on the income statement.
  • If a component of the income statement is used that is not reported as a line item in the income statement, a reconciliation shall be provided between the component used and a line item that is reported in the income statement.
  • The amount to be reported shall be the profit or loss reported in the accounting income statement.
  • If basic and diluted earnings per share are equal, dual presentation can be accomplished in one line on the income statement.
  • For selected items of the income statement further breakdowns of gains (or income) and losses (or expenses) shall be reported.
  • The Commission also analyzed the relevant figures in the income statement of Sinosure's Annual Reports covering the years 2006 through 2011 submitted by Sinosure to justify the profitability figures reported in its questionnaire reply.
  • Specific credit risk adjustments and recoveries recorded directly to the income statement shall be disclosed separately.
  • So i've been looking over the income statements...
  • The gain or loss arising from such translation is recorded in the income statement.
  • Therefore, all derivatives are measured at fair value through the income statement.
  • Value adjustments and recoveries recorded directly to the income statement shall be disclosed separately.
  • The resulting deferred tax is recognised in the income statement.
  • The fee shall be presented in the income statement based on its economic substance and nature.
  • Value adjustments and recoveries recorded directly to the income statement shall be disclosed separately.
  • Any increase in the liability relating to financial guarantees is taken to the income statement under item Credit loss expense.
  • The Investment Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the income statement.
  • Any increase in the liability relating to financial guarantees is taken to the income statement under item Impairment charge for credit loss.
  • The Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the income statement.
  • If an available-for-sale investment is determined to be impaired, the cumulative unrealised gain or loss previously recognised in equity is included in the income statement.
  • Any increase or decrease in the liability relating to financial guarantees is taken to the income statement under fee and commission income.
  • The transfer from revaluation surplus to retained earnings is not made through the income statement.

Alternatives:

  • included on the income statement
  • presented on the income statement
  • featured on the income statement
  • listed on the income statement
  • disclosed on the income statement

reported in the income statement

This phrase is correct and can be used to describe the overall content or information presented in the income statement.

This phrase is more general and can be used to refer to the information contained within the income statement as a whole.

Examples:

  • The details of the company's financial performance are reported in the income statement.
  • Key financial metrics are reported in the income statement.
  • Important financial data is reported in the income statement.
  • If a component of the income statement is used that is not reported as a line item in the income statement, a reconciliation shall be provided between the component used and a line item that is reported in the income statement.
  • The amount to be reported shall be the profit or loss reported in the accounting income statement.
  • The Commission also analyzed the relevant figures in the income statement of Sinosure's Annual Reports covering the years 2006 through 2011 submitted by Sinosure to justify the profitability figures reported in its questionnaire reply.
  • The gain or loss arising from such translation is recorded in the income statement.
  • The resulting deferred tax is recognised in the income statement.
  • The fee shall be presented in the income statement based on its economic substance and nature.
  • The Investment Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the income statement.
  • The Facility reviews its problem loans and receivables at each reporting date to assess whether an allowance for impairment should be recorded in the income statement.
  • If an available-for-sale investment is determined to be impaired, the cumulative unrealised gain or loss previously recognised in equity is included in the income statement.
  • Dividends classified as an expense may be presented in the income statement either with interest on other liabilities or as a separate item.
  • In the income statement, the expense relating to a defined benefit plan may be presented net of the amount recognised for a reimbursement.
  • The expected return on plan assets is one component of the expense recognised in the income statement.
  • In the income statement, the expense relating to a provision may be presented net of the amount recognised for a reimbursement.
  • It is part of other expenses in the income statement according to the function of expenses.
  • They may be included in other expenses in the income statement according to the function of expenses.
  • Indeed, such costs were recorded as a cost in the income statement of the two exporting companies and could directly be linked to the like product.
  • The premium received is recognized in the income statement under item Net fee and commission income on a straight line basis over the life of the guarantee.
  • If an available-for-sale investment is determined to be impaired, the cumulative unrealized gain or loss previously recognized in equity is included in the income statement.
  • The premium received is recognized in the income statement under item Net fee and commission income using the effective interest rate method over the life of the guarantee.
  • Interest income on treasury is recognised in the income statement of the Facility on an accrual basis.

Alternatives:

  • included in the income statement
  • presented in the income statement
  • featured in the income statement
  • listed in the income statement
  • disclosed in the income statement

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