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CFA's Comprehensive Business Reporting Model Subcommittee
A subcommittee of the Chartered Financial Analyst Institute focused on developing and improving the standards and practices for comprehensive business reporting.
Intraperiod Tax Allocation
The allocation of income taxes within a single financial reporting period among continuing operations, discontinued operations, extraordinary items, and prior period adjustments.
Interperiod Tax Allocation
An accounting technique that aims to match taxes paid with the revenues causing the tax, over periods affected by timing differences in recognizing certain items for tax and accounting purposes.
Net Income
The amount of money a company earns after deducting all its expenses, taxes, and losses from its total revenue.
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