The predictive power of comprehensive income and its individual components under IFRS

摘要: This study examines the predictive power of comprehensive income and its individual components within homogenous institutional setting German IFRS firms. The results could be relevant for standard setters IASB FASB their joint project “Financial Statement Presentation”. We find no evidence that has a superior future firm operating performance than net income. Further, we fail to significant incremental aggregated or other subsequent period’s performance. actuarial gains losses on defined benefit pension obligations even seem merely add noise prediction In contrast, our analyses indicate have beyond one period. Finally, deteriorated as consequence IASB’s recent initiatives actions.