Comprehensive income is defined as being the total nonowner change in equity during a specific period. Totalcomprehensive income includes net income combined with othercomprehensive income (OCI). OCI items wouldpreviously bypass all financial statements and gatherdirectly into equity, but are now required to be reported in areadily available and prominent financial statement.
List some examples of other comprehensive incomeitems. Does the reporting of other comprehensive incomeaffect the determination of net income and retainedearnings?