Income measurement Concepts Analysis Implications E Adjusting accounting income is important task Necessary to specify analysis objectives--e.., determining economic income or permanent income or sustainable earning power Adopt an inclusive approach- including recurring and non-recurring componentsAnalysis Implications : • Adjusting accounting income is important task • Necessary to specify analysis objectives--e.g., determining economic income or permanent income or sustainable earning power • Adopt an inclusive approach— including recurring and non-recurring components Income Measurement Concepts