The Concept of Other Comprehensive Income, Its Essence and Composition, Reflection in the Financial Statements

Authors

  • Eshpulatova Zaynab Baratovna Samarkand Institute of Economics and Service, Senior Lecturer, PhD of the Accounting Department

DOI:

https://doi.org/10.51699/wjau.v2i1.39

Keywords:

Income, income, other comprehensive income, expense, reserve, reclassification, adjustment, international financial reporting standards, royalties

Abstract

The implementation of international financial reporting standards (IFRS) in our country is one of the important issues on the agenda. One of the most important tasks of the country today is the application of international practice in the accounting system for the recognition of income and expenses, which are the main indicators of financial accounting. This article describes and discloses the concept of accounting for The concept of other comprehensive income, its essence and composition, reflection in the financial statements in accordance with international standards, the importance in the accounting system. Studying and improving the methodological side of this process today also remains one of the most important issues. This article also discusses income that is included in the income statements, such as the definition, composition, recognition, measurement and composition of the financial statements of other comprehensive income by type.

References

Other comprehensive income [OCI] https://inflexio.ru/glossary/prochij-sovokupnyj-doxod/

©2020 PwC. All rights reserved. This material was prepared by the PwC Academy for the ASSA IGF Diploma exams in 2020. 0306-p. file:///C:/Users/SamISI

©2020 PwC. All rights reserved. This material was prepared by the PwC Academy for the ASSA IGF Diploma exams in 2020. 0306-p. Authoring using a form.

International Financial Reporting Standards. www.ifrs.org/issued-srandards/list of-standards/ 2018.

https://www.jmveindia.com/journal/October_special_issue_22_Vol_11_No_04_-converted.pdf

Eshpulatova Zaynab Baratovna. Other comrehensive income, accounting structure and their improvement. Thematics Journal of Economics ISSN 2277-3029 Vol-7-Issue-2-2021 http://thematicsjournals.in/index.php/tje 10.5281/ zenodo.5559406

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Published

2023-01-31

How to Cite

Baratovna, E. Z. . (2023). The Concept of Other Comprehensive Income, Its Essence and Composition, Reflection in the Financial Statements. World Journal of Agriculture and Urbanization, 2(1), 9–12. https://doi.org/10.51699/wjau.v2i1.39

Issue

Vol. 2 No. 1 (2023): JANUARY

Section

Articles

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