From Wikipedia, the free encyclopedia. The Tasmanian Devil, also referred to as Taz, is an animated cartoon character featured in the Warner Bros.  Looney Tunes  and  Merrie Melodies  series of cartoons.wen and Pemberton suggest that the character of the Tasmanian Devil was inspired by Errol Flynn. The most noticeable resemblance between the Australian marsupial and McKimson's creation is their ravenous appetites and crazed behavior.
home / study / business / accounting / income statement or operating statement. An income statement is a core financial statement that presents a company's operating results over a specific period of time, often quarterly or annually.
The income statement under U.S. GAAP is either a single-step or multiple-step format. Under IFRS, expenses are classified by nature or function. For example, by nature, wages would be classified. By function, descriptions such as manufacturing would be reported. A great deal of leeway is available under IFRS for financial statement issuers. The income statement under both U.S. GAAP and IFRS classifies comprehensive income as part of equity.