FASB on Thursday issued an Accounting Standards Update (ASU) that the board said is intended to increase the prominence of other comprehensive income in financial statements and to facilitate ...

Companies periodically report gains, losses, income and expenses on their income statements. This statement distinguishes between your company's results from operations and those from other sources.

FOR the last six years or so, corporate financial statements have sported a new disclosure in the form of "comprehensive income" and "other comprehensive income". The change was introduced to improve ...

Mr. Park (62) manages financial assets worth approximately 500 million Korean won, generating around 25 million won in annual ...

In an effort to simplify its Accounting Standards Codification, FASB has combined its guidance for income statements and comprehensive income into one topic. Previously, FASB’s guidance on these ...

On Thursday at AEI, AEI’s Bruce D. Meyer presented a progress report on a new data set he is developing to measure income and poverty. Dr. Meyer cited several problems with the three main data sources ...

BELOW every "net profit" line comes "total comprehensive income". What's the difference? Which profit line should investors pay attention to? Total comprehensive income is net profit adjusted for the ...

Matt Lee is the founding partner of Atlas Growth Capital. He has 3+ years of experience as a consultant and startup advisor. Clean surplus accounting excludes comprehensive or unusual items from net ...