A Reconciliation of Some Definitions of Net Income
A Reconciliation of Some Definitions of Net Income
M F Van Breda
The book A Reconciliation of Some Definitions of Net Income was written by author M F Van Breda Here you can read free online of A Reconciliation of Some Definitions of Net Income book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Reconciliation of Some Definitions of Net Income a good or bad book?
What reading level is A Reconciliation of Some Definitions of Net Income book?
To quickly assess the difficulty of the text, read a short excerpt:
Fisherian income : Many feel that the Board's Discussion Memorandum was unconsciously biased towards the asset/liability view. A clean, but not necessarily operational, view of the asset/liability approach was contrasted with a set of rather messy operationalizations. Of the revenue/expense approach. What was lacking, and the Board ad- mitted it, was a clean, reasonably theoretically based argument for the revenue/expense view. This note sets out to provide that. In so doing, it shifts the argu...ment to a distinction between Hicksian income and Fisherian income. It will be seen that these are closely related to the distinction between asset/liability income and revenue/expense income. It will also become apparent that when viewed in this light the controversy outlined above almost disappears. Instead the question becomes one of how to handle uncertainty, discontinuities and disequilibria. The Hicksian definition of income is probably the most quoted de- 7 finition in the accounting literature.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: