Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia
The paper discusses financial reporting of comprehensive income of companies in the food and beverage sector in the Republic of Serbia. The aim of the research is to examine whether the introduction of the concept of net comprehensive income has brought significant information for users of financial...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2017-01-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621701113O.pdf |
| _version_ | 1828902994619400192 |
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| author | Obradović Vladimir Karapavlović Nemanja |
| author_facet | Obradović Vladimir Karapavlović Nemanja |
| author_sort | Obradović Vladimir |
| collection | DOAJ |
| description | The paper discusses financial reporting of comprehensive income of companies in the food and beverage sector in the Republic of Serbia. The aim of the research is to examine whether the introduction of the concept of net comprehensive income has brought significant information for users of financial statements. The analysis has been conducted on a sample of 132 companies from the mentioned sector on the basis of financial statements for 2014. We find that there is very high positive correlation between net income and net comprehensive income; that there is no statistically significant difference between net income and net comprehensive income; that there is no statistically significant difference between the return on equity calculated by using net income and the return on equity calculated by using net comprehensive income; and that net comprehensive income is more volatile in time than net income. |
| first_indexed | 2024-12-13T16:27:29Z |
| format | Article |
| id | doaj.art-c53de7cbc7bb42c99beec072b32b9612 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-12-13T16:27:29Z |
| publishDate | 2017-01-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-c53de7cbc7bb42c99beec072b32b96122022-12-21T23:38:35ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532017-01-0164111312810.5937/ekoPolj1701113O0352-34621701113OFinancial reporting of comprehensive income in the food and beverage sector in the Republic of SerbiaObradović Vladimir0Karapavlović Nemanja1University of Kragujevac, Faculty of Economy, Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Economy, Kragujevac, SerbiaThe paper discusses financial reporting of comprehensive income of companies in the food and beverage sector in the Republic of Serbia. The aim of the research is to examine whether the introduction of the concept of net comprehensive income has brought significant information for users of financial statements. The analysis has been conducted on a sample of 132 companies from the mentioned sector on the basis of financial statements for 2014. We find that there is very high positive correlation between net income and net comprehensive income; that there is no statistically significant difference between net income and net comprehensive income; that there is no statistically significant difference between the return on equity calculated by using net income and the return on equity calculated by using net comprehensive income; and that net comprehensive income is more volatile in time than net income.http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621701113O.pdfnet comprehensive incomenet incomenet other comprehensive incomefood and beverage sector |
| spellingShingle | Obradović Vladimir Karapavlović Nemanja Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia Ekonomika Poljoprivrede (1979) net comprehensive income net income net other comprehensive income food and beverage sector |
| title | Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia |
| title_full | Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia |
| title_fullStr | Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia |
| title_full_unstemmed | Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia |
| title_short | Financial reporting of comprehensive income in the food and beverage sector in the Republic of Serbia |
| title_sort | financial reporting of comprehensive income in the food and beverage sector in the republic of serbia |
| topic | net comprehensive income net income net other comprehensive income food and beverage sector |
| url | http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2017/0352-34621701113O.pdf |
| work_keys_str_mv | AT obradovicvladimir financialreportingofcomprehensiveincomeinthefoodandbeveragesectorintherepublicofserbia AT karapavlovicnemanja financialreportingofcomprehensiveincomeinthefoodandbeveragesectorintherepublicofserbia |