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 UID222295 帖子348 主题4 注册时间2011-7-2 最后登录2014-6-29 
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Reading 45 - Error in Example 13 
| In example 13 / Reading 45 - Residual income Valuation: In solution 2B: The adjustment to NI should be NI-OCI. In exhibit 12, year 2: OCI reduces Sharholders Equity directly. In other words, the OCI loss does not hit the Income statement or NI but adjusts the B/S directly. So, to adjust the earnings, the OCI loss should hit the NI. In other words, the adjustment should be NI-OCI and not NI+OCI.
 Practice problem 12 elaborates on this logic.
 Does anyone see this?
 Thanks
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