Valutazione della Performance Finanziaria delle Imprese. Reddito Allargato o Reddito Netto?

The aim of the paper is to compare the utility of net income with that of total comprehensive income (TCI) for purposes of evaluating the soundness of investments. The study will be based on consolidated financial statement data for 2010, 2011 and 2012, published online by listed companies on the Czech Republic Stock Exchange. The last part of the study will provide the results of empirical research on the income statements of Czech companies that have adopted the IAS/IFRS international accounting principles. The results show that the financial statements of Czech companies do not have a propensity for separating the overall economic account into two statements but rather of integrating everything into a single document. In terms of reclassification, these same companies prefer the by nature criterion. The results also reveal that TCI contains informational content and provides further information on the evaluation of financial performance