IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Résultat et performance financière en normes IFRS : Quel est le contenu informatif du Comprehensive Income ?

Listed author(s):
  • Olivier Ramond


    (DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique)

  • Jean-François Casta


    (DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique)

  • Laurent Batsch


    (DRM - Dauphine Recherches en Management - Université Paris-Dauphine - CNRS - Centre National de la Recherche Scientifique)

In 2003, the IASB and the US FASB formed a Joint International Group (JIG) whose objective was to carry out a project originally untitled "Performance Reporting" establishing new international financial reporting standards for performance reporting. By envisaging the use of a comprehensive income (CI) item similar to the one reported under US GAAPs, the current debate surrounding this project is slowly deviating from its technical premises to the more fundamental issue related to accounting income usefulness. In this article, we investigate whether the focus on a CI item is legitimate regarding the IASB informational criteria. Using a dataset made of French and UK listed companies over the pre-(1993-2004) and post-(2005) IFRS compliance period, we examine the value-relevance and usefulness of three summary income measures (i.e. operating, net and comprehensive income) and bring evidence that (1) they are all associated with share return, (2) net income dominates CI at an aggregate level and (3) OCI provide incremental information beyond net income.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by HAL in its series Post-Print with number halshs-00165038.

in new window

Date of creation: Dec 2007
Publication status: Published in Comptabilité - Contrôle - Audit, Association Francophone de Comptabilité ; Vuibert, 2007, p. 129-154
Handle: RePEc:hal:journl:halshs-00165038
Note: View the original document on HAL open archive server:
Contact details of provider: Web page:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00165038. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.