Recent Steps Forward in Comprehensive Income Reporting

• Autorzy: Patrick A. Casabona , Timothy Coville
• Języki publikacji: EN

Abstrakty

EN

Comprehensive income (Cl) includes all changes in shareholders' equity during a period except transactions with shareholders (e.g., issuance or repurchase of stock and distributions, such as dividends). Comprehensive income for any reporting period consists of net income, as reported in the income statement, plus or minus the current period's changes in other comprehensive income (OCI) that are not reported in the income statement. (fragment of text)

Słowa kluczowe

EN

Income; Financial reporting

PL

Dochody; Sprawozdawczość finansowa

• Czasopismo: Scientific Publications / University of Economics in Katowice
• Rocznik: 2014
• Tom: Global Business Towards New Paradigm in Time of Crisis
• Strony: 344--355

Twórcy

autor

Patrick A. Casabona

• St. John's University, United States

autor

Timothy Coville

• St. John's University, United States

Bibliografia

• Accounting Standards Update (ASU) No. 2011-05, Comprehensive Income (Topic 220): Presentation of Comprehensive Income.
• ASU No. 2011-12, Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.
• ASU No. 2013-02, Comprehensive Income (Topic 220 Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income), An Amendment of the FASB Accounting Standards Codification.
• Deloitte and Touche, LLP, 2013, Heads Up, "FASB Finalizes New Disclosure Requirements for Reclassification Adjustments Out of AOCI", Vol. 20, Iss.