2013 Fiscal Year Final Research Report

Research on the Integration of Balance Sheet Approach and Income Statement Approach

Research Project

Project/Area Number	23530571
Research Category	Grant-in-Aid for Scientific Research (C)
Allocation Type	Multi-year Fund
Section	一般
Research Field	Accounting
Research Institution	Yokohama National University
Principal Investigator	OTAKA Satoru 横浜国立大学, 国際社会科学研究院, 准教授 (40334619)
Project Period (FY)	2011 – 2013
Keywords	企業結合会計 / 連結会計 / 資本会計 / 概念フレームワーク / IFRS
Research Abstract	The purpose of this research is to explore a direction of an integration of two different financial reporting approaches, that is, balance sheet approach and income statement approach. We focus on both the concept which determines the timing of income recognition and the one which determines the scope of owners' equity, mainly examining accounting standards for business combinations and consolidated financial statements. We conclude from this research, in order to integrate two approaches, it is necessary to distinguish between net assets and owners' equity as well as between comprehensive income and net income and to devise an articulation of the balance sheet based on the concept of control and the income statement based on the concept of shareholders' interest.

(5 results)