Unrealised gains or losses on certain investments,foreign currency translation adjustments,gains and losses from superannuation and deferred gains and losses from derivatives are subject to specialised accounting treatment.These items would normally be found on the:

Question

Quizplus · Accepted Answer

Unrealised gains or losses on investments, foreign currency translation adjustments, gains and losses from superannuation, and deferred gains and losses from derivatives are all part of comprehensive income, which is reported on the statement of comprehensive income. These items do not belong on the balance sheet, income statement, or statement of net cash flow, as they are not related to current cash flows or the amounts owed by or to a company.

Unrealised Gains or Losses on Certain Investments,foreign Currency Translation Adjustments,gains