Skip to main content

OTHER COMPREHENSIVE INCOME (OCI) – IND AS | DipIfr


Other Comprehensive Income (OCI) - IND AS - DipIFR

The concept of Other Comprehensive income to an extent resolves the issue of defining the earnings in earnings per share (investor’s ratio) as it has cushion for too many gains and losses that were non-operational, unrealized, outside the control of management, and not relating to the accounting period.

All non-owner changes in equity i.e., comprehensive income are required to be presented in a single statement of profit and loss, with profit or loss and other comprehensive income presented in two sections.

All non-owner changes in equity i.e., comprehensive income are required to be presented in a single statement of profit and loss, with profit or loss and other comprehensive income presented in two sections. The sections shall be presented together, with the profit or loss section presented first followed directly by the other comprehensive income section.

In other words, we can understand them as

The changes to the net worth of the company resulting from the day to day operations or impacted by the decisions of the stewards of the business.

To read the full Blog please click - https://www.takshilalearning.com/other-comprehensive-income-oci-ind-as-ifrs/


Join Diploma in IFRS online classes at Takshila Learning.


Want to get an ACCA DipIFR certification, take IFR Course Online, and start your preparation today without any delays.

Takshila Learning helps you in this, we provide ACCA International Financial Reporting Standards Online Classes along with faculty support. So, prepare yourself for ACCA Certification now with our DIPIFR expert faculty ACCA Amit Kumar.

 

Labels:

Comments

Post a Comment

Thank you we will contact ASAP.

Popular posts from this blog

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material  Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne...
Post a Comment
Read more

What are Noble Gases? Example and noble gases name

What are Noble Gases? Example and noble gases name Noble Gases Noble gases, sometimes known as inert gases or erosions, are part of the modern periodic table's 18th group. This group is made up of the following individuals: Helium is a kind of gas (He) Neon (Ne) Argon is a gas (Ar) Krypton  (Kr) Xenon is a kind of xenon gas (Xe) Radon is a gas that can cause cancer (Rn) Noble gases exist in a gaseous state under typical temperature and pressure conditions. Because all noble gases have stable electronic structures, they have very little chemical reactivity. They are monoatomic gases that do not readily form molecules. 'ns2np6' represents the basic electrical configuration of noble gases. As a result, noble gases' outermost valence shells can be deemed 'complete.' The chemical inertness of the group of 18 elements is due to this. Because of the stability of certain elements, these gases form a group. These stable elements' crusts are totally filled. Regardles...
Post a Comment
Read more

CS Executive

At  Takshila Learning  we provide you Video Lecture of best faculties in India. We assure you not only the best quality of videos but also best content. Our teachers way of teaching, presentation and explanation is very simple and unique. Why Takshila Learning? We can give you 10 top reasons why you should take CS Executive Online Video Coaching Classes Lectures from Takshila Learnings. We are providing online classes of CS Executive for last 5 years (almost  oldest in the market ) We pick  best teachers  for every subjects. We don’t provide updates only with old videos. Infact we provide  new updated classes  for every attempt Our teachers update notes for every attempt. Videos and notes are  highly exams oriented . Our teachers  cover last 5 attempts question papers  along with ICSI Course content. Our video classes  includes live practical examples  to help you understand easily. Our structure of our  fee ...
Post a Comment
Read more