Both the IFRS and GAAP taxonomy has OCI items listed under the "Statement of comprehensive income", and of course the equivalent "Accumulated OCI" under "Equity" in the "Statement of financial position".
However, in your "Expanded COA" there are no OCI items listed under neither "Expenses by Type" nor "Expenses by Nature", but you do have "Accumulated OCI" listed under "Equity".
I'm curious why this is?
To account for OCI items, I would choose either of these two approaches:
-Account for both "Profit (loss)" items and "OCI" items under Expenses, and then move them to equivalent "Equity" accounts on year end.
-Account for only "Profit (loss)" items under Expenses, and move them to "Retained earnings" under "Equity" on year end.
-Account for "OCI" items to equivalent "Equity" accounts throughout the year.
It looks like your "Expanded COA" only allows for APPROACH 2.
But then again, I'm curious why you wouldn't use APPROACH 1, since I feel it's more clean and also makes reporting "total comprehensive income" more straight-forward?