Research Information System
International Interdisciplinary Business-Economics Advancement Conference (IIBA), İstanbul, Turkey, 16 - 19 July 2014, pp.398-410, (Full Text)
In this study, opinions of accountants working in the firms listed in Borsa Istanbul (BIST) Equity Market with regard to whether or how comprehensive income should be reported in performance-based financial statements and whether such reporting provides more useful information compared to net income or not, are investigated. Among descriptive statistics methods, frequency analysis and arithmetic mean as well as single sample t test and independent two-sample t test have been employed in analysis of the data obtained from the survey-based study hereby. Majority of the accountants involved in the study support reporting comprehensive income in performance-based financial statements. Nearly half of the accountants who support this opinion, also think that comprehensive income can be reported anywhere, that is, the reporting place is not important. Accountants think that reporting comprehensive income in performance-based financial statements provides more useful information compared to net income. There is no significant difference between opinions of accountants working in financial institutions and working in firms belonging to other sectors with regard to reporting comprehensive income in performance-based financial statements and its usefulness. However, results show that there are differences between opinions of accountants working in firms that report and do not report comprehensive income in performance-based financial statements, and opinions of accountants who support and do not support reporting comprehensive income in performance-based financial statements.