US GAAP vs IFRS: P&L and OCI Differences Explained | Income Statement Comparison скачать в хорошем качестве

US GAAP vs IFRS: P&L and OCI Differences Explained | Income Statement Comparison

Understanding how Profit and Loss (P&L) and Other Comprehensive Income (OCI) are reported under US GAAP vs IFRS is essential for accurate financial analysis and global accounting compliance. In this video, we break down the key differences in how income and comprehensive income are presented and classified under these two major accounting frameworks. Whether you're an accountant, finance student, or business leader, this deep dive will clarify how financial performance is communicated across borders. 📌 What you’ll learn: Structure of the income statement under US GAAP vs. IFRS Classification and presentation of OCI items Reclassification adjustments: what stays in OCI and what moves to P&L Real-world implications for financial reporting and investor perception Practical examples to highlight the conceptual and reporting differences This is a must-watch for anyone preparing financials under both frameworks or analyzing global companies. 👍 Like this video if it helped, and subscribe for more in-depth accounting and finance insights! #USGAAP #IFRS #OCI #IncomeStatement #FinancialReporting #AccountingStandards #PAndL #ComprehensiveIncome #IFRSvsGAAP