OCI INCOME STATEMENT
- ALL EXPENSE AND INCOME SHOULD BE RECOGNIZED IN PL UNDER IFRS
- CONCEPTUAL FRAMEWORK CANNOT RECOGNIZE OCI
- SOME EXCEPTIONAL CASE, INCOME AND EXP FROM PL WILL BE INCLUDE IN OCI (ARISE FROM CURRENT VALUE OF ASSET, LIABILITY)
- NO SINGLE FACTOR IS DETERMINATIVE WHEN SELECTING APPRORIATE MEASUREMENT BASIS