Net income, other comprehensive income & total comprehensive income on firm valuation in the Philippines

• Main Authors: Tubay, Jerwin B., Bendo, Mark Vincent B.
• Format: text
• Published: Animo Repository 2018
• Subjects: Business enterprises—Valuation—Philippines; Corporate profits—Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/9264
• Institution: De La Salle University

IAS 1, Presentation of Financial Statements, requires the presentation of comprehensive income on the face of the financial statements. The requirement made the statement of income to be more useful by presenting the total comprehensive income - the sum of net income and changes in other comprehensi...