Results 211 to 220 of about 378,014 (267)

Is Comprehensive Income Useful?

Journal of Contemporary Accounting & Economics, 2006
With the International Accounting Standards Board (IASB) now considering the question, we examine 16 different definitions of income across three applications: information content, predictive ability and executive compensation contracting. Our results reveal that comprehensive income defined by FASB Statement 130 (NI130) dominates both traditional net ...
Biddle, Gary C., Choi, Jong-Hag
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Comprehending Comprehensive Income

Australian Accounting Review, 2014
Comprehensive income (CI) contains a mixture of realised, unrealised, temporary, persistent and recyclable elements. How, when and where these elements should be reported in income and equity have been issues intensively debated (and changed) by international regulators over the last 20 years.
Hodgson, Allan, Russell, Mark
openaire   +4 more sources

Is Comprehensive Income Irrelevant?

2002
The comprehensiveness of income, a key definition in accounting, continues to be the subject of debate. Hirst and Hopkins [1998] find comprehensive income more useful to analysts, a finding replicated for non-professional decision makers by Maines and McDaniel [2000].
Gary C. Biddle, Jong Choi
openaire   +1 more source

The Definitions of Net Income and Comprehensive Income and Their Implications for Measurement

Accounting Horizons, 2016
SYNOPSIS: Historically, accounting standard-setters have not been successful in defining net income. Nor have they been successful in justifying the use of other comprehensive income (OCI) and recycling. This paper proposes the definitions of net income and comprehensive income and an approach to measurement based on the proposed ...
Ikuo Nishikawa, Takao Kamiya, Yasunobu Kawanishi   +2 more
openaire   +1 more source

Derivatives, Hedging and Comprehensive Income.

Accounting Horizons, 1996
Abstract This article discusses the U.S. Financial Accounting Standards Board's (FASB) projects on derivatives and hedging activities and on reporting comprehensive income. Hedge accounting is special accounting that alters what the accounting would otherwise have been for the components of a hedging relationship.
L. Todd Johnson, Robert J. Swieringa
openaire   +1 more source

An Issues Paper on Comprehensive Income.

Accounting Horizons, 1997
Abstract This article presents the response of the Financial Accounting Standards Committee of the American Accounting Association to the Financial Accounting Standard Board's (FASB) Exposure Draft, "Proposed Statement of Financial Accounting Standards: Reporting Comprehensive Income," in the U.S.
Thomas J. Linsmeier, John Gribble, Ross G. Jennings, Mark H. Lang, Stephen H. Penman, Kathy R. Petroni, D. Shores, John H. Smith, Terry D. Warfield   +8 more
openaire   +1 more source

Value Relevance of Comprehensive Income

SSRN Electronic Journal, 2014
AbstractIn this paper, we investigate the value relevance of comprehensive income and its components for a sample of 92 New Zealand companies over the period 2003–2010. We find a stronger association of aggregate comprehensive income with stock price and market returns relative to net income.
Shahwali Khan, Michael E. Bradbury, Stephen Courtenay   +2 more
openaire   +1 more source

Comprehensive Income and the Effect of Reporting It

Financial Analysts Journal, 1996
In June, the Financial Accounting Standards Board issued an exposure draft on reporting comprehensive income. This article describes components of comprehensive income and applies the provisions of the exposure draft to the 1995 financial information of the top 10 companies from seven industries chosen from the Fortune 1,000 industry listing.
Pamela A. Smith, Cheri L. Reither
openaire   +1 more source

Reporting comprehensive income

Journal of Corporate Accounting & Finance, 1996
AbstractAt last, CFOs have solid guidance on accounting for comprehensive income.
openaire   +1 more source