The Presentation of Other Comprehensive Income



“The Presentation of Other Comprehensive Income”

Tim V. Eaton, Kathryn E. Easterday, and Michael R. Rhodes

The CPA Journal, March 2013

Page # 32-35

Summary

The purpose of this article is to provide a significance of the changes proposed by FASB regarding the presentation of OCI (other Comprehensive Income), which is done by providing an overview of OCI, representing the way it should be presented, and finally what these new changes imply for investors and capital markets. Comprehensive income basically refers to the change in equity (net assets) of a company during a time frame from transactions and other proceedings ...