What is a common disclosure requirement for comprehensive income?

A common disclosure requirement for comprehensive income is reclassification adjustments between other comprehensive income (OCI) and net income. This requirement is essential because comprehensive income includes not only net income from standard operations but also certain items that are reported in OCI.

The purpose of disclosing reclassification adjustments is to ensure transparency regarding how these items that may impact future net income have been accounted for, as they can affect investors’ understanding of the company’s overall financial performance. By clearly showing how amounts were transitioned from OCI to net income, users of the financial statements can evaluate the implications of these items on the company’s earnings and understand the context of their financial results.

This disclosure enhances the clarity of the financial statements and provides crucial information reflecting how movements between OCI and net income occur over time, thereby supporting a comprehensive view of income that is inclusive of all changes in equity that are not a result of transactions with owners.

The other options do not specifically pertain to the direct requirements of comprehensive income disclosures; hence, they do not fulfill this particular need for transparency in financial reporting.