Difference between revisions of "Other comprehensive income"

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(OCI).
 
(OCI).
  
Comprehensive income includes all gains and losses that affect shareholders' equity.
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Total comprehensive income includes all gains and losses that affect shareholders' equity.
  
Comprehensive income includes both:
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Total comprehensive income includes both:
  
#Items reported in the statement of profit or loss (income statement), and
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#Items reported in the Statement of profit or loss (income statement), and
#Items reported separately in the statement of other comprehensive income.
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#Items reported separately in the statement of Other comprehensive income.
  
  
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* [[Statement of comprehensive income]]
 
* [[Statement of comprehensive income]]
 
* [[Statement of profit or loss]]
 
* [[Statement of profit or loss]]
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* [[Statement of profit or loss and other comprehensive income]]
  
 
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 18:01, 12 July 2021

Financial reporting.

(OCI).

Total comprehensive income includes all gains and losses that affect shareholders' equity.

Total comprehensive income includes both:

  1. Items reported in the Statement of profit or loss (income statement), and
  2. Items reported separately in the statement of Other comprehensive income.


Other comprehensive income refers to items reported separately in the statement of other comprehensive income (2), that are NOT in the statement of profit or loss (1).

Examples of items reported in Other comprehensive income include:

  • Remeasurement gains or losses on defined benefit pension plans (under IAS 19) and
  • Revaluation of land and buildings accounted for under IAS 16.


See also