v3.3.1.900

Statement of Operations - USD ($)	3 Months Ended
Statement of Operations - USD ($)	Jan. 31, 2016	Jan. 31, 2015
Income Statement [Abstract]
Revenues
Expenses
Legal and Professional	$ 1,775	$ 1,290
Total Expenses	1,775	1,290
Net Loss for the Period Before Taxes	$ (1,775)	$ (1,290)
Income Tax Provision
Net Loss for the Period After Taxes	$ (1,775)	$ (1,290)
Loss per Share - Basic and Diluted	$ (0.00)	$ (0.00)
Weighted Average Common Shares Outstanding	5,000,000	5,000,000

Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

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A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.

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Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).

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Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

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AFH ACQUISITION V, INC. 10-Q