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Agenda Item #13. C.1.OC::a IIEPAFITMI!NT 01 CONSUME!! AFFAIRSBUSINESS. CONSUMER SERVICES. AND HOUSING AGENCY GOVERNOR EDMUND G. ONBOARD OF VOCATIONAL NURSING & PSYCHIATRIC TECHNICIANS2535 Capitol
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What is oca?
OCA stands for Other Comprehensive Income. It includes items that are not included in the income statement but may impact the company's financial position.
Who is required to file oca?
Companies that follow accounting standards requiring the reporting of Other Comprehensive Income are required to file OCA.
How to fill out oca?
OCA is typically reported in the financial statements under Comprehensive Income. It may include items such as unrealized gains or losses on investments.
What is the purpose of oca?
The purpose of OCA is to provide a more comprehensive view of a company's financial performance, including items that may not impact net income.
What information must be reported on oca?
Information such as unrealized gains or losses on investments, foreign currency translation adjustments, and pension adjustments may need to be reported on OCA.
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