Get your copy of the report "Removing Currency Risk In All Transactions" for Travel companies
Download

Glossary

Navigate the complex world of currency management with our comprehensive dictionary of financial terms and definitions.

other comprehensive income (oci)

Other comprehensive income is part of the ‘Statement of comprehensive income as defined in the rules set by the International Accounting Standards Board (IASB). The statement of comprehensive income extends the conventional income statement to include certain other gains and losses that affect shareholders equity. Among the gains and losses recorded in ‘Other comprehensive income’ are unrealised FX gains and losses.