Outline
- Abstract
- Keywords
- 1. Introduction
- 2. Performance Is Assessed Differently Depending on the Interests of the Financial Statement Users
- 3. Relevance of the Comprehensive Income
- 4. Conclusion
- References
رئوس مطالب
- چکیده
- 1. مقدمه
- 2. عملکرد بسته به گرایشات کاربران گزارشات مالی، به طور متفاوتی ارزیابی می شود
- 3. اهمیت درآمد جامع
- 4. نتیجه گیری
Abstract
This paper addresses the comprehensive income in terms of the concept of calculation, reporting, relevance, its relationship to the net income. Study methodology is based on critical analysis of literature and the empirical researches regarding comprehensive income and its consequences on financial reporting. The findings confirm that both net income and comprehensive income are useful in measuring the performance of a company. This paper can be a useful material for other future studies on deepening the concept of comprehensive income.
Keywords: Comprehensive income - IFRS - net income - relevanceConclusions
The problem of the conceptualization and especially of the measurement of the company performance under the impact of the international accounting standards is far from receiving a satisfactory reply given the asymmetric information, the many and different objectives of the business entities. The concept of income agreed by the users of the financial statements on long-term is the one that measures the value changes between the two balance sheets, and it takes into account the expenses and the incomes generated by the current operations as well as the profit or loss from holding assets.
The comprehensive income maintains both the usefulness of the balance sheet as well as that of the profit and loss account. The net income is maintained in the structure of the comprehensive income, as the most adequate indicator of the current operating performance.