Publication Type
News Article
Publication Date
11-2012
Abstract
SMU Associate Professor of Accounting (Practice) Pearl Tan commented on how other comprehensive income (OCI) is different from net income, and how SME managers and stakeholders may use the information on other comprehensive income to evaluate the business. She highlighted that it is important for owners and managers of SMEs to understand the components of OCI and commented on how it will affect reported equity and net assets. Stakeholders of an SME may also use the information on OCI to assess risks and to estimate future cash flows from the reported unrealised gains or losses.
Discipline
Accounting
Research Areas
Corporate Reporting and Disclosure
Publication
Business Times
ISSN
1733-8179
Citation
TAN, Pearl Hock Neo.
Making Sense of Other Comprehensive Income. (2012). Business Times.
Available at: https://ink.library.smu.edu.sg/soa_research/1039
Creative Commons License
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