What were the reasons for introducing comprehensive income?

In addition, in order to maintain any degree of match- ing between the asset and liability accounting, insurers would be forced to hold assets backing insurance ... We investigate whether clear disclosure of comprehensive income (CI) facilitates detection of earnings management by buy-side financial analysts and predictably ... This site uses tracking technologies from various providers. This site uses third party website tracking technologies to provide and continuously improve its ... What Is Comprehensive Income? It's Income Not yet Realized ... Comprehensive income is the profit or loss in a company's investments during a specific time period ... Jan 24, 2025 ... Tax effects of OCI items are typically recognized in the income statement as adjustments to income tax expense. This is because OCI items ... Comprehensive income is the change in equity of a business enterprise during a period from transactions and other events from non-owner sources. It includes all ... Comprehensive income consists of all of the revenues, gains, expenses, and losses that caused stockholders' equity to change during the accounting period. The FASB has released an exposure draft that would require an enterprise to display comprehensive income items reported directly in equity in a statement of ... This table displays high-level values of income and expenditure, surplus and realised and unrealised gains and losses. The comprehensive income for the year is ... Jan 25, 2016 ... Overall, comprehensive income and OCI appear to have relatively low predictive ability for operating cash flows, net income or abnormal 'very ...