Periodic Earnings: Income? or Indicator?
探讨美国商业收入的含义与本质，以及定期收益在评估企业绩效中的作用，指出财富增长是收入的基本特征，并分析财务报告在维持有序资本市场中的重要性。
Abstract This article focuses on confusion with respect to the meaning and nature of business income and the role of periodic earnings in evaluating enterprise performance in the U.S. The prevailing view is that wealth enhancement is the underlying characteristic of business income. Standard setting for financial reporting has sought to improve the results of accrual accounting, especially the measure of periodic income. Uncertainty about the probability of cash consequences imposes constraints on financial reporting. Financial reporting has a significant role to play in maintaining an orderly capital market.