+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
International Accounting
 

Theoretical approaches to the formation and measurement of income

Vol. 18, Iss. 31, AUGUST 2015

Received: 13 June 2015

Accepted: 21 September 2015

Available online: 22 October 2015

Subject Heading: THEORY OF ACCOUNTING

JEL Classification: 

Pages: 2-11

Necheukhina N.S. Ural State University of Economics, Yekaterinburg, Russian Federation
nnecheuhina@yandex.ru

Mustafina O.V. Ural State University of Economics, Yekaterinburg, Russian Federation
ovm.70@mail.ru

The article focuses on views of economic schools and overviews stances of scholars on income. It also formulates theoretical and methodological approaches (economic, accounting, fiscal, legal) to forming and measuring corporate income. The research allows defining income as a basic and input criterion of economic benefit, which has been generated as a result of corporate performance and measured in monetary terms or in kind and designated for further spending and net profit formation. The article provides our own interpretation of income measurement as part of accounting and analytical framework of corporate operations and functions of income in the process of implementing the input income indicator of corporate operations.

Keywords: income, economic benefit, business entity, accounting and analytical framework

References:

  1. Chamberlin E.H. The Theory of Monopolistic Competition: A Re-orientation of the Theory of Value. Cambridge, MA, Harvard University Press, 1962.
  2. Plato. Sobranie soch. v 4-kh t. T. 4 [Works in four volumes. Volume 4]. Moscow, Mysl' Publ., 1994, pp. 195–196.
  3. Aristotle. Ekonomika. Kn. II. Vestnik drevnei istorii = Bulletin of Ancient History, 1969, no. 3. Available at: Link. (In Russ.)
  4. Aquinas Thomas. Summa teologii. T. 2 [Summa Theologiae. Volume 2]. Moscow, Izdatel' Savin S.A. Publ., 2007, 650 p.
  5. Speranskaya L.N. Ekonomicheskie vzglyady U. Petti. V kn.: Vsemirnaya istoriya ekonomicheskoi mysli [Economic views of W. Petty. In: World history of economic thought]. Moscow, Mysl' Publ., 1987, pp. 428–434.
  6. Quesnay F., Turgot A.R.J., Du Pont de Nemuors. Fiziokraty. Izbrannye ekonomicheskie proizvedeniya [Oeuvres choisies. De l'origine et des progres d'une science nouvelle. Selecta. Russian edition]. Moscow, Eksmo Publ., 2008, pp. 13–44.
  7. Quesnay F. Izbrannye ekonomicheskie proizvedeniya [Selecta of economic works]. Moscow, Sotsekgiz Publ., 1960, p. 469.
  8. Cheremisina T.P. Ot sovetskogo predpriyatiya k legal'noi rynochnoi firme [From the Soviet enterprise to the legal market-oriented firm]. Available at: Link. (In Russ.)
  9. Budkevich G.V. Ivan Pososhkov – pervyi rossiiskii ekonomist [Ivan Pososhkov is the first Russian economist]. Zhurnal institutsional'nykh issledovanii = Journal of Institutional Studies, 2014, vol. 6, no. 1, pp. 30–35.
  10. Smith A. Issledovanie o prirode i prichinakh bogatstva narodov [An Inquiry into the Nature and Causes of the Wealth of Nations]. Moscow, Eksmo Publ., 2007, 960 p.
  11. Blaug M. Economic Theory in Retrospect. Cambridge, Cambridge University Press, 1997, 725 р.
  12. Tsvetkov V.A. Tsikly i krizisy: teoretiko-metodologicheskii aspect [Cycles and crises: a theoretical and methodological aspect]. Moscow, St. Petersburg, Nestor Publ., 2013, pp. 30–32.
  13. Schumpeter J.A. Kapitalizm, Sotsializm i Demokratiya [Capitalism, Socialism and Democracy]. Moscow, Ekonomika Publ., 1995, 540 p.
  14. Knight F.H. Risk, Uncertainty and Profit. Martino Fine Books, 2014, 394 p.
  15. Eugen Böhm Ritter von Bawerk. Österreich von A bis Z. Herausgegeben von Ulrike Müller-Kaspar. Wien, Tosa Verlagsgesellschaft, 2005, 400 p.
  16. Necheukhina N.S. Voprosy metodologii i razvitiya biznes-protsessov [Issues of the methodology and development of business processes]. Obrazovanie. Nauka. Innovatsii: Yuzhnoe izmerenie = Education. Science. Innovation: The Southern Dimension, 2012, no. 3 (23), pp. 200–205.

View all articles of issue

 

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 27, Iss. 6
June 2024

Archive