Authority and currency
About this authority
- Publisher
- Financial Accounting Foundation
- Standing
- Primary authority
- Version
- Topic 220 as accessed 2026-09-11
- Relevant parts
- Topic 220, including Subtopics 220-10, 220-20, and 220-40
- Currency
- current · checked Sep 11, 2026
Topic 220 supplies the presentation bridge from net income to comprehensive income. Each underlying accounting Topic determines the item's measurement and whether an amount enters other comprehensive income, accumulated other comprehensive income, or a later reclassification. The curriculum therefore uses an OCI rollforward rather than a memorized list detached from source Topics.
Subtopic 220-20 supplies the current presentation and disclosure guidance for unusual or infrequently occurring items. It keeps those items in continuing operations. Do not return to superseded Subtopic 225-20 or recreate an extraordinary-item category.