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Gain or loss in OCI

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Gain or loss in OCI

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by AvatarStephen Widberg.
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  • September 3, 2021 at 7:29 pm #634202
    Avatarhumai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Sir like we say that gain of 2000 will be recognized in OCI. However, if there is loss of 2000 then will we say that loss of 2000 will be recognized in OCI or will we say something else like Loss of 2000 will be debited to OCI or Loss of 2000 will be charged to OCI?

    September 4, 2021 at 5:42 am #634219
    AvatarStephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3449
    • ☆☆☆☆☆

    Recognised is the best word. All the marker wants to see is the magic word OCI.

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