SciELO - Scientific Electronic Library Online

 
 número230El efecto enero en las principales bolsas latinoamericanas de valoresLa importancia relativa en auditoría: Las nuevas normas internacionales en comparación con la normativa vigente en Iberoamérica índice de autoresíndice de materiabúsqueda de artículos
Home Pagelista alfabética de revistas  

Servicios Personalizados

Revista

Articulo

Indicadores

Links relacionados

  • No hay artículos similaresSimilares en SciELO

Compartir


Contaduría y administración

versión impresa ISSN 0186-1042

Resumen

SOUSA FERNANDEZ, Francisco. The decline of the traditional statement of income in the face of the recent rise of clean surplus accounting: a historical and conceptual perspective. Contad. Adm [online]. 2010, n.230, pp.47-76. ISSN 0186-1042.

With the adoption of comprehensive income in the 1990's by the most important accounting standards boards, most notably the IASB and the FASB, we are witnessing a shift towards a clean surplus accounting. The comprehensive view of income measures income in terms or both the changes in the market value of a firm's assets and liabilities as well as the profit/ loss resulting from a firm's transactions. By contrast, so-called "dirty surplus" accounting measures income only on the basis of a firm's transactions; thus, it is much less connected with market reality. The primary objective of this paper is to provide a historical and conceptual examination of the "clean surplus versus dirty surplus" controversy as it has transpired within Anglo-Saxon influenced countries. Additionally, we verify that comprehensive income has become more relevant with the revision of IASB's IAS 1 in 2007. This statement allows firms to incorporate the traditional profit and loss account into a Statement of Comprehensive Income. The objective of this change is to provide investors, the primary users of reference in Anglo-Saxon accounting models, with more useful and relevant information. This objective is important since we are trending toward the Anglo-Saxon model.

Palabras clave : clean surplus versus dirty surplus; historical and conceptual approach; decline of profit and loss account; statement of comprehensive income; IAS 1 2007.

        · resumen en Español     · texto en Español     · Español ( pdf )

 

Creative Commons License Todo el contenido de esta revista, excepto dónde está identificado, está bajo una Licencia Creative Commons