Download Tag: INCOME MEASUREMENT

CHAPTER ONE INTRODUCTION The tendency of price to rise, and of the value of money to fall is known as inflation. One of the main objectives of any responsible government is to control the rate of inflation because of its undesirable effect on the economy. In most developed countries, the economic specter of the inter-war period was the demoralizing level of unemployment. The worry of unemployment has given way to ...

ABSTRACT The significant of income to any business entity cannot be overemphasized. Income of the residue That is available for distribution to the shareholder which ensured the maintenance of the capital (Glautieu et al 2011:430). Income is a basic and important item of financial statement that has various uses in various context. It is generally perceived as a basis for taxation and redistribution of wealth, a determination of dividend payments ...

ABSTRACT The significant of income to any business entity cannot be overemphasized. Income of the residue That is available for distribution to the shareholder which ensured the maintenance of the capital (Glautieu et al 2011:430). Income is a basic and important item of financial statement that has various uses in various context. It is generally perceived as a basis for taxation and redistribution of wealth, a determination of dividend payments ...