FOR the last six years or so, corporate financial statements have sported a new disclosure in the form of "comprehensive income" and "other comprehensive income". The change was introduced to improve ...

Companies periodically report gains, losses, income and expenses on their income statements. This statement distinguishes between your company's results from operations and those from other sources.

In an effort to simplify its Accounting Standards Codification, FASB has combined its guidance for income statements and comprehensive income into one topic. Previously, FASB’s guidance on these ...

12月29日召开的国务院常务会议，决定延续实施部分个人所得税优惠政策。 为减轻个人所得税负担（reduce the burden of individual income tax），缓解中低收入群体压力（alleviate the pressure of low- and middle-income groups），会议决定： The year-end one-off bonus will not ...

FASB on Thursday issued an Accounting Standards Update (ASU) that the board said is intended to increase the prominence of other comprehensive income in financial statements and to facilitate ...

Mr. Park (62) manages financial assets worth approximately 500 million Korean won, generating around 25 million won in annual ...

Net income seems straightforward: It is the result when expenses (administrative expenses, business expenses, interest expenses, operating costs and other expenses) are subtracted from revenue. This ...

BELOW every "net profit" line comes "total comprehensive income". What's the difference? Which profit line should investors pay attention to? Total comprehensive income is net profit adjusted for the ...

Matt Lee is the founding partner of Atlas Growth Capital. He has 3+ years of experience as a consultant and startup advisor. Clean surplus accounting excludes comprehensive or unusual items from net ...

On Thursday at AEI, AEI’s Bruce D. Meyer presented a progress report on a new data set he is developing to measure income and poverty. Dr. Meyer cited several problems with the three main data sources ...

Taxpayers for comprehensive income tax and local income tax must report and pay by June 2. They can report using the National Tax Service HomeTax (PC), Smart Tax (mobile), or through the Automated ...