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 ...

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 ...

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 ...

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, ...