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    Joerugby12's Avatar
    Joerugby12 Posts: 1, Reputation: 1
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    Apr 30, 2012, 06:45 AM
    Other comprehensive income
    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's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Apr 30, 2012, 06:54 PM
    Quote Originally Posted by Joerugby12 View Post
    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?
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