Comprehensive Income

What is the meaning of Comprehensive Income

Questions by anirudhsanthanam   answers by anirudhsanthanam

Showing Answers 1 - 3 of 3 Answers

steadyshot23

  • Mar 18th, 2010
 

Comprehensive Income is reported after Net Income.  Net Income is included in the Comprehensive Income computation, as well as any unrealized gains or losses net of tax, derivatives are added to CI. Keep in mind unrealized gains/losses, derivatives, currency gains are not part of Net Income. The definition of Comprehensive Income is changes in equity from noneowner sources.

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions