Preprint
Usefulness of Comprehensive Income Reporting in Canada: Evidence from Adoption of SFAS 130
Abstract
In March 2003, the Canadian Accounting Standard Board (AcSB) issued an Exposure Draft (ED) proposing a new Handbook Section 1530, COMPREHENSIVE INCOME(along with two other related new standards on FINANCIAL INSTRUMENTS-RECOGNITION AND MEASUREMENT, and HEDGES). These proposed standards are partly motivated partially by the need to recognize the change in the fair value of certain financial instruments as other comprehensive income and partially …
Authors
Kanagaretnam K; Mathieu R; Shehata M
Publication date
January 1, 2004
DOI
10.2139/ssrn.550941
Preprint server
SSRN Electronic Journal