Question

Exercise 4-13 requires the presentation of other comprehensive income items in (1) a combined statement of income and comprehensive income and (2) in a separate statement of comprehensive income.

Required:
1. What other option(s) are available for the presentation of other comprehensive income items according to U.S. GAAP?
2. What options for the presentation of other comprehensive income items are available to companies complying with International Financial Reporting Standards?



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  • CreatedJune 24, 2013
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