The concept of Other Comprehensive income under IFRS with comparison with Ind-AS.
Other Comprehensive Income (OCI) refers to revenues, expenses, gains, and losses that are not included in net income on the income statement, but instead are reported in a separate component of shareholders’ equity called accumulated other comprehensive income. This concept is part of a broader accounting framework that aims to provide a more comprehensive picture […]
The concept of Other Comprehensive income under IFRS with comparison with Ind-AS. Read More »