Business, Management and Accounting
5 years ago

Financial Statements Impact Society: Other Comprehensive Income Crucial for Total Income.

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Annual Financial Statements, the Importance of Other Comprehensive Income
Grzegorz Warzocha

Paper Summary

The research looked at how financial information in other comprehensive income affects total comprehensive income and financial statements. They studied annual reports from top companies on the Warsaw Stock Exchange from 2014-2016. By applying materiality concepts, they found that the information in other comprehensive income is indeed significant.

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