comprehensive income

Question 1

comprehensive income

Answer 1

non-owner transactions,
net income( I D E) + other comprehensive ,income=comprehensive income

Question 2

Other comprehensive income

Answer 2

PUFER
Pension adjustments
Unrealized gains and losses(available for sale securities)
Foreign currency items
Effective portion cash flow hedges F10-47
Revaluation surplus( IFRS only)

Question 3

For current period

Answer 3

NI+OCI =CI

Question 4

In balance sheet

Answer 4

RE+AOCI

Question 5

net income reported

Answer 5

per share

Question 6

comprehensive income per share?

Answer 6

No

Question 7

tax effect of comprehensive income

Answer 7

net of tax or gross then net

Question 8

the amount of income tax expense or benefit disclosed?

Answer 8

face or notes

Question 9

Required disclosures

Answer 9

tax effects of each component ,
changes in the accumulated balance of each component,
total accumulated other comprehensive income in the balance sheet as an item of equity,
reclassification adjustments to avoid double counting as notes or on face

Question 10

reclassification adjustment

Answer 10

move other comprehensive income items from accumulated other comprehensive income to the income statement

Question 11

reclassification adjustment disclosure requirement

Answer 11

1. changes in AOCI balances by component
2. reclassification adjustments
3. current period oci

Question 12

foreign currency translation

Answer 12

OCI

Question 13

foreign currency transaction

Answer 13

IS

Question 14

comprehensive income includes all changes in equity during a period except the resulting from

Answer 14

owner investments and distributions to owners

Question 15

R

Answer 15

Revaluation surplus! IFRS only

Question 16

U

Answer 16

Unrealized gains and losses(available for sale securities)