Other Comrehensive Income, Accounting Structure and Their Improvement
Keywords:
Income, income derived from ordinary activities, income not related to ordinary activities, revenue, benefit, conceptual rulesAbstract
The implementation of international financial reporting standards (IFRS) in our country is one of the important issues on the agenda. One of the most important tasks of the country today is the application of international practice in the accounting system for the recognition of income and expenses, which are the main indicators of financial accounting. This article describes and discloses the concept of other generalized income, and is also of great importance in the accounting system. Studying and improving the methodological side of this process today also remains one of the most important issues today. This article also discusses income that is not included in the income statements such as the definition, composition, recognition, measurement and accounting of other comprehensive income.
