FOR the last six years or so, corporate financial statements have sported a new disclosure in the form of "comprehensive income" and "other comprehensive income". The change was introduced to improve ...

Other comprehensive income (OCI) is a term used in business accounting to define transactions that aren't yet realized. These figures include revenues, expenses, gains, and losses—all of which are ...

As an investor, it’s important for you to choose the right stocks and funds for your portfolio. If you’re picking your own investments instead of working with an advisor, then you may want to research ...

Financial statements are a summary of the financial records of an organisation that shows its financial performance over a given period and financial position as at a point in time. In my previous ...

An income statement is a financial document that details the revenue and expenses of a company. Some investors and analysts use income statements to make investing decisions. The income statement, ...

What Is An Income Statement? An income statement lists a company’s income, expenses, and resulting profits over a specific time frame, usually a quarter or fiscal year. Companies create income ...

Explore how clean surplus accounting exposes hidden income statement items, impacts net income, and its significance for ...