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3 Cards in this Set
- Front
- Back
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PUFER
NI + PUFE(R) = Comprehensive Income Comprehensive income does not include owner's investment and distribution. |
Pension adjustments
Unrealized gains and losses (available for sale) Foreign currency items Effective portion cash flow hedges Revaluation suplus (IFRS) |
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UVOTE
Present Value Measurement use to establish the value of assets and liabilities, FASB #7. |
The price for bearing Uncertainty.
Expectations about timing Variations of future cash flows. Other factors (liquidity and Market imperfections). Time value of money (the risk free rate of interest). Estimate of future cash flow. |
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IDEA
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IDEA are major components of an income and retained earnings statement, report at net of tax:
Income (or loss) from continuing operations (individual line items show "gross of tax"). Income (or loss) from Discontinued operations. Extraordinary item. Cumulative effect of change in Accounting princple |
