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Where to charge Gains/Losses, OCI or P/L for different situations.

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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May 15, 2021 at 11:11 pm #620699
chinedu123
Member
- Topics: 17
- Replies: 34
Sir, how do I easily differentiate what gain is to be charged to OCI and what gain to be charged in P/L? In investment Property, both are used and it’s confusing.
May 16, 2021 at 9:41 am #620722
Stephen Widberg
Keymaster
- Topics: 12
- Replies: 2843
Chapter 2 Course Notes
Proforma SPLOCI has list of all OCI items. Everything else is P&L.
Need to learn.
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