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 ...

Other comprehensive income (OCI) is a term used in business accounting to define transactions that aren't yet realized. These figures include revenues, expenses, gains, and losses—all of which are ...

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.

As an investor, it’s important for you to choose the right stocks and funds for your portfolio. If you’re picking your own investments instead of working with an advisor, then you may want to research ...

Learn about consolidated financial statements, the criteria for aggregation, reporting guidelines, and practical examples for parent companies with subsidiaries.

TEL AVIV, Israel--(BUSINESS WIRE)--Phoenix Holdings Ltd., a leading Israel-based financial, insurance and investment group (TASE: PHOE) (“The Phoenix,” the “Group,” or the “Company”), today reported ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...

The income statement is the first financial statement that any small businesses should prepare. It shows how much money a business made as well as how much it spent. This, in turn, provides an ...

All employers are required to submit a statement of earnings to HMRC for every employee in their business. The document gives a detailed overview of an individual’s ...