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The Income Statement—Reporting Comprehensive Income Topic establishes standards for reporting and presentation of comprehensive income and its components in a full set of general-purpose financial statements. The Income Statement—Reporting Comprehensive Income Topic includes the following Subtopics:
  1. a
    Overall
  2. b
    Unusual or Infrequently Occurring Items
  3. c
    Business Interruption Insurance.
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Each Subtopic in the Income Statement—Reporting Comprehensive Income Topic contains standalone guidance. There is no relationship between the individual Subtopics within this Topic. Each Subtopic provides presentation and disclosure guidance for the income statement matter indicated by the Subtopic title.
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The Overall Subtopic provides general comprehensive income statement guidance. It also provides guidance on the structure of the Topic.
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Subtopic 220-20 provides guidance about the presentation and disclosure of unusual or infrequently occurring items.
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Subtopic 220-30 provides guidance on proceeds from business interruption insurance.
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Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
220-40-65-1Subtopic 220-40 provides guidance on expense disaggregation disclosures and selling expenses disclosures.
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