FVTOCI

Financial reporting.

Fair Value Through the statement of Other Comprehensive Income.

FVTOCI describes an accounting treatment for changes in the fair values of derivative instruments.

Under FVTOCI, changes in fair value are not reported as part of profit or loss (earnings) for the period.

Instead they are reported as part of 'other comprehensive income'.

The consequence of FVTOCI treatment is to avoid volatility in reported earnings.

See also

• Fair value
• FVTPL
• Statement of profit or loss and other comprehensive income
• IAS 39
• IFRS 9
• IFRS 9 hedge accounting reforms: a closer reflection of risk management?
• IFRS 13
• Statement of comprehensive income