U. S. GAAP permits companies to report components of other comprehensive income (OCI) as part of the statement of changes in stockholders' equity.

True or False.

The correct answer is False.

Explanation:

The statement of comprehensive income corresponds to a study other than accounting capital. The result of the accounting period will be recognized in the assets of the organization, which in turn is part of the financial situation of the company.

The statement of changes in stockholders' equity is a dynamic financial statement because it comprises a period and the importance of this statement is in the interest that the shareholder, partner or owner of a company has in knowing the changes that its equity has undergone in the portion that corresponds to him in a social exercise or in a period. This financial statement has segregations that are made of profits for general or specific purposes, such as: transfers to capital reserves, as well as the amounts that are available from profits to be distributed in the form of dividends or to apply them for purposes General or specific. Finally, accounting capital is understood as the difference between the asset and the liability.