Why is "other comprehensive income" not included in the income statement, but it is included in the statement of comprehensive income? What is the main purpose of this?
paraclete
Apr 30, 2012, 06:54 PM
Why is "other comprehensive income" not included in the income statement, but it is included in the statement of comprehensive income? What is the main purpose of this?
What is comprehensive income? Are we dealing with an insurance company?