Assets, liabilities & equity · Specialist

Accumulated other comprehensive income

Also called: AOCI

ELI5

Cumulative specified gains and losses recognised outside net income.

Used in conversation

“State the period, currency and accounting basis for accumulated other comprehensive income.”

Pitch context

You will see “Accumulated other comprehensive income” in financial models, budgets, board packs and investor materials when the discussion reaches assets, liabilities & equity.

Why it matters: In assets, liabilities & equity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

Sources & evidence · 4

Direct term-level sources and supporting source families.