Accumulated Other Comprehensive Income (AOCI) refers to the cumulative total of all non-owner changes in equity that are not recognized in net income. These include items such as foreign currency translation adjustments, unrealized gains or losses on certain investments, and pension plan adjustments. AOCI is reported in the equity section of the balance sheet, providing insight into a company’s comprehensive income over time.
Get Your FREE Exam Secrets Cheat Sheet!
Plus a 3-Part CMA Video Course
82,000+ accounting and finance pros got their free CMA cheat sheet.
Get yours too, today!