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Comprehensive Income


Comprehensive Income
This paper descibes the reporting of comprehensive income.
1,400 words (approx. 5.6 pages) | 4 sources | 2002 United States


Paper Summary:

This paper directs htat a statement sets a standard for the reporting and display of comprehensive income, and its components, including revenue, expenses, gains, and losses as part of a full set of general-purpose financial statements. Briefly put, the standard "requires that all items that are required to be recognized under accounting standards as components of comprehensive income be reported in a financial statement that is displayed with the same prominence as other financial statements."

Cite this paper

APA Citation:

Comprehensive Income (2012, January 15). Retrieved February 12, 2012, from http://www.academon.com/Analytical-Essay-Comprehensive-Income/37963

MLA Citation:

"Comprehensive Income" 15 January 2012. Web. 12 Feb. 2012. <http://www.academon.com/Analytical-Essay-Comprehensive-Income/37963>




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