ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual...

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ANALYZING OPERATING ACTIVITIES

Transcript of ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual...

Page 1: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

ANALYZING OPERATING ACTIVITIES

Page 2: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Accounting Concept of Income

Based on the concept of accrual accounting

Two major process in income measurement : Revenue recognition Matching

Page 3: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Measuring Acounting Income

Revenues and Gains Distinction: based on the ongoing business

activites that produce revenues. Expenses and Lossess

Distinction: based on the ongoing business activites that produce revenues.

Page 4: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Alternative Income Classification and Measures

Recurring vs nonrecurring Net income, comprehensive income, and

continung income Core income (exludes all nonrecurring

items) Operating vs nonoperating

Page 5: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Nonrecurring Items

Extraordinary items Discontinued operations Accounting changes Special items Asset impairments, Restructuring

Charges

Page 6: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Revenue and Gain Recognition

Analysis is to ascertain that revenue recognition method properly reflect economic reality.

Page 7: ANALYZING OPERATING ACTIVITIES. Accounting Concept of Income Based on the concept of accrual accounting Two major process in income measurement :

Deferred Charges

R&D Computer softwarre expenses Exploration and Development Costs in

Extractive Industries


Accounting concept & principle

Accounting concept & principle

National Income Accounting

National Income Accounting

International income accounting

International income accounting

The Concept of Income in a General Equilibrium · this is a substantial divergence from current national accounting practice. Third, ... In Section 3, we apply the concept of income

The Concept of Income in a General Equilibrium · this is a substantial divergence from current national accounting practice. Third, ... In Section 3, we apply the concept of income

Accounting Concept Final

Accounting Concept Final

INCOME STATEMENT Accounting ASW Summer 2006. Warning! Income statement is the hardest concept in accounting –Seems intuitive –More subtle than it seems.

INCOME STATEMENT Accounting ASW Summer 2006. Warning! Income statement is the hardest concept in accounting –Seems intuitive –More subtle than it seems.

Chapter 2 (Accounting Income Ans Assets - The Accrual Concept )

Chapter 2 (Accounting Income Ans Assets - The Accrual Concept )

Income Accounting

Income Accounting

1 - Basic Accounting Concept-Income Statement

1 - Basic Accounting Concept-Income Statement

NATIONAL INCOME ACCOUNTING

NATIONAL INCOME ACCOUNTING

Mastering Fiduciary Accounting Income for Estate Planners ...media.straffordpub.com/products/mastering...Jun 01, 2017  · Fiduciary Accounting Income • Fiduciary accounting income

Mastering Fiduciary Accounting Income for Estate Planners ...media.straffordpub.com/products/mastering...Jun 01, 2017  · Fiduciary Accounting Income • Fiduciary accounting income

National-Income Accounting

National-Income Accounting

INCOME STATEMENT Accounting ASW Summer 2007. Warning! Income statement is the hardest concept in accounting –Seems intuitive –More subtle than it seems.

INCOME STATEMENT Accounting ASW Summer 2007. Warning! Income statement is the hardest concept in accounting –Seems intuitive –More subtle than it seems.

Accrual Accounting & Income

Accrual Accounting & Income

Concept of Accounting

Concept of Accounting

Basic Accounting Concept

Basic Accounting Concept

KEY CONCEPT National income accounting uses statistical measures of income, spending, and output to help people understand what is happening to a.

KEY CONCEPT National income accounting uses statistical measures of income, spending, and output to help people understand what is happening to a.

The Accrual Concept. What is it? Definitions Economic income Distributable earnings Permanent earnings Accounting income.

The Accrual Concept. What is it? Definitions Economic income Distributable earnings Permanent earnings Accounting income.

Accounting concept

Accounting concept

UPSC CIVIL SERVICES EXAMINATION PRELIMS 2019 SPECIAL · growth of National Income helps to know the progress of the country. 1 CONCEPT OF NATIONAL INCOME NATIONAL INCOME ACCOUNTING

UPSC CIVIL SERVICES EXAMINATION PRELIMS 2019 SPECIAL · growth of National Income helps to know the progress of the country. 1 CONCEPT OF NATIONAL INCOME NATIONAL INCOME ACCOUNTING