Share of OCI of Associates
Code: 3424
👁 Views: 22
Account Information
| Financial Statement | Statement of Financial Position |
| Normal Balance | Credit |
Definition
Represents the entity's share of other comprehensive income items of associates accounted for using the equity method (IAS 28).
📐 IFRS vs US GAAP Accounting Treatment
IFRS
IAS 28
Investments in Associates
US GAAP
ASC 323
Investments - Equity Method
❓ Frequently Asked Questions
Q: What is the entity's share of associates' OCI?
A: The entity's share of other comprehensive income items of associates accounted for using the equity method.