The income statement of financial statement for the prior year was presented in nature type, and it has been changed to functional type in current year. As accordance to IAS1, the entity shall discloses the
(a) the nature of the reclassification;
(b) the amount of each item or class of items that is reclassified; and
(c) the reason for the reclassification.
Does anyone here has any sample of wording on this? Especially on (c), changes made to align with the industry practice and etc.