Accounting income
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Accounting income is an income as defined by Generally Accepted Accounting Principles (GAAP).
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Accounting income. Income as defined by Generally Accepted Accounting Principles (GAAP).
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
