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Tax Provision Treatment of Other Comprehensive Income

Summary by exactera.com
What is Other Comprehensive Income?  Other Comprehensive Income (OCI) is a section of the income statement that includes items that are not recognized in net income but are still significant to understanding the financial performance of a company. OCI items are typically non-cash items that have a significant impact on a company’s equity.  Examples include unrealized gains or losses on available-for-sale securities, foreign currency translation …
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Tax Provision Treatment of Other Comprehensive Income

What is Other Comprehensive Income?  Other Comprehensive Income (OCI) is a section of the income statement that includes items that are not recognized in net income but are still significant to understanding the financial performance of a company. OCI items are typically non-cash items that have a significant impact on a company’s equity.  Examples include unrealized gains or losses on available-for-sale securities, foreign currency translation …

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exactera.com broke the news in on Friday, January 24, 2025.
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