Research On The Income Statement Based On The Theory Of Comprehensive Income

In 2008, the U.S. subprime mortgage crisis caused by the global financial crisis spread throughout the world, which makes the accounting standards such as the measurement and presentation of enterprise income caused widespread concern of the accounting profession. The constant change of the financial market environment, results in enterprise management activities more and more complicated, and constantly generates new, unconventional gains. The determine model of traditional income only reports the income has been realized, and other unrealized gains cannot be reflected. Thus resulted in the un-comprehensive and untrue reports of current income, and can't meet current profits of enterprise information report users' demand of performance information. Therefore, based on in meet of the needs of information users, to combine with a constantly changing market economic environment, a full consideration of the practice of various countries and to establish a high quality financial report presentation model, making the presentation of relevant information of fair reflecting enterprise real economic activity, has vital significance.Aimed at the defects of the traditional income statement and the impact of the financial crisis, the accounting organizations around the world gradually speed up the enterprise performance report revision. In the process of revision, combining with their actual situation, to focus on how to present information of corporate earnings, thus, we can strengthen the relevance of corporate earnings. Since 90s of the 20th century, the English accounting standards committee, the financial accounting standards board and the international accounting standards board to improve traditional profit, combining with the reporting enterprise of all actual financial performance. However, it exists differences that current net profit and a statement of comprehensive income should be specific to present which projects, and how to present. A statement of comprehensive income, in some degree, can reflect the enterprise's economic matters, and it can provide more decision-making useful performance information for users. At present, our country market maturity is not high, whether it is need for further improvement of the income statement, how to improve and how to combine the improvements in China with the concrete practice, and to promote the international financial reporting standards thinking more about the situation of China, is a problem worth to study.In this background, this paper elaborated on the basis of related theory, analyzed the advantages of income statement and traditional profit challenges, through the comprehensive earnings report of English accounting standards committee, the financial accounting standards board and the international accounting standards board to, in combination with the research of traditional income statement preliminary improvement in China, analyzed the influence of comprehensive income. According to the analysis results, combined with the reality of our country, this paper put forward that the comprehensive income in our country under the income statement convergence with international accounting standards, and pointed out the main problems we face in implementation of integrated earnings report, and proposed the countermeasures to these problems.The reform of income statement of our country under the theory of comprehensive income will help improve the existing defects in the income statement, and promote the presentation of income patterns to convergence with international accounting standards, be useful for financial report users to provide useful decision information, and solve the challenges that the raise of user's information requirement to determine mode, improving the usefulness of earnings reports in decision-making.