afs unrealized gains/losses

what does IFRS makes adjustments directly to equity on unrealized G/L mean does the entire unrealized g/l bypass income statement?

direct to equity in AFS = OCI In US GAAP. Same adjustment is made in both places, just the account it goes to is called differently.

asked same question to schweser instructor his answer was The balance sheet reflects economic reality under US GAAP, but is a smoothed event under IFRS. This is expected to be changed shortly to be the same as GAAP, but not this year, so remember that for the exam. dont remember seeing this anywhere thanks for help cp