THE RELEVANCE OF COMPREHENSIVE INCOME COMPARED TO NET INCOME FOR THE MEASUREMENT AND PRESENTATION OF COMPANY PERFORMANCE

Victoria Firescu and Maria-Daniela Bondoc
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Victoria Firescu: University of Pite?ti Faculty of Economic Sciences and Law

Annals of University of Craiova - Economic Sciences Series, 2016, vol. 1, issue 44, 71-82

Abstract: The main objective of our research is to highlight the volatility of comprehensive income compared to the net income in assessing company performance. The empirical study is performed on a sample of companies listed on the Bucharest Stock Exchange applying IFRS in 2012-2015. We carried out a positive research using the following methods: literature review, data collection from the financial statements of the studied companies, mathematical and statistical calculation. The volatility of comprehensive income was approached both dynamically and transversally. We calculated and analysed the relative standard deviation for the companies proposed in our survey in order to determine deviations from the average of comprehensive income and net income. The obtained results invalidate the hypothesis that the comprehensive income is more volatile than the net income.

Keywords: comprehensive income; net income; performance; IFRS; volatility (search for similar items in EconPapers)
JEL-codes: L25 M41 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2016:i:44:p:71-82

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