One of the differences in the philosophies is the use of temporal and current methods. These two methods allow for use of different rates depending on the account/item. These different rates can create large discrepancies based on the method used and creates a situation where financial statements could be in a situation where they are not as comparable. Another issue is that the gains/losses from foreign currency are tucked away in OCI. This creates a poor situation where the financial statements are not as transparent as to the situation with foreign currencies.

This perhaps is a build on previous posts of last week but by hiding it in OCI segmenting it away as market forces/adjustments rather than any actual income/loss?