Interpretation of Income and Expense in Accounting
Keywords:
financial statement, international financial reporting standards, income statement, income, expenses.
Abstract
In this article discussed the concepts of income and expenses, their recognition and assessment according to international standards. Based on the results of the study, were developed recommendations to improve the information support of income and expenses.
References
1. https://www.gfmag.com – Global financial journal official site
2. Zuca Marilena, Tinta Alice. The profit and loss account – major tool for the analysis of the company's performance. // Social and Behavioral Sciences 62 (2012) 382 – 387.
3. Zarah Puspitaningtyas, Akhmad Toha, Aryo Prakoso. “Understanding the concept of profit as an economic information instrument: disclosure of semantic meanings. // Accounting and Financial Control, November 2018, 2(1), 27-36.
4. David Procházka. New approaches to revenue recognition and common sense. // SSRN Electronic Journal, December 2009.
5. Robby Dharma, Letnan Dalimunthe, Arbiuddin Syahputra Hakim Harahap, Susriyanti, Sartika Putri Rahayu. The effects of profitability, growth, and size on company value with capital structure as control variable. // Economics, Business and Management Research. Volume 145 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019).
6. “Conceptual framework for preparation and presentation of financial statements” NSA Uzbekistan. www.lex.uz
7. Conceptual Framework for Financial Reporting. www.ifrs.org
2. Zuca Marilena, Tinta Alice. The profit and loss account – major tool for the analysis of the company's performance. // Social and Behavioral Sciences 62 (2012) 382 – 387.
3. Zarah Puspitaningtyas, Akhmad Toha, Aryo Prakoso. “Understanding the concept of profit as an economic information instrument: disclosure of semantic meanings. // Accounting and Financial Control, November 2018, 2(1), 27-36.
4. David Procházka. New approaches to revenue recognition and common sense. // SSRN Electronic Journal, December 2009.
5. Robby Dharma, Letnan Dalimunthe, Arbiuddin Syahputra Hakim Harahap, Susriyanti, Sartika Putri Rahayu. The effects of profitability, growth, and size on company value with capital structure as control variable. // Economics, Business and Management Research. Volume 145 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019).
6. “Conceptual framework for preparation and presentation of financial statements” NSA Uzbekistan. www.lex.uz
7. Conceptual Framework for Financial Reporting. www.ifrs.org
Published
2023-03-23
How to Cite
[1]
A.Z.Avlokulov and D.A.Turumova, 2023. Interpretation of Income and Expense in Accounting. International Journal on Integrated Education. 6, 3 (Mar. 2023), 206-209. DOI:https://doi.org/10.17605/ijie.v6i3.4174.
Section
Articles
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