Implication of Comprehensive Income Disclosure for Future Earnings and Analysts' Forecasts

• Main Authors: CHOI, Jong-Hag, ZANG, Yoonseok
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2006
• 主題: Comprehensive income; Earnings prediction; Analysts’ forecast revisions; Analysts’ forecast errors; Usefulness of accounting disclosures; Accounting; Portfolio and Security Analysis
• 在線閱讀: https://ink.library.smu.edu.sg/soa_research/163; https://ink.library.smu.edu.sg/context/soa_research/article/1162/viewcontent/CZSJB20061019.pdf

This paper examines the association of comprehensive income with subsequent period net income as well as analysts’ earnings forecasts. Our results support the notion that comprehensive income is incrementally useful in predicting subsequent period changes in net income. We also document that compreh...