Timo Salmi

A Comparative Review of the Finnish Expenditure-Revenue
Accounting

Contents:

1. PURPOSE
2. ACCOUNTING FOR THE ENTIRE LIFE-SPAN OF THE FIRM
   21. Fundamental Concepts
       211. Adoption of the Total Period
       212. Expenditures, Revenues, and Financing
       213. Determination of Total Profit
       214. Entity, Money Measurement and Cost Conventions
       215. Summary
   22. The Accounting Process
       221. Expenditure, Revenue, and Financing Accounts
       222. Cash Basis
       223. Accrual Basis
   31. Segmenting a Total Period
       311. Reason for Segmenting
       312. The Congruence Principle
       313. Discussion on the Causal Relation between Annual and
            Total Profits
   32. Principles of Annual Income Determination
       321. Annual Closing of Accounts
       322. Expenses and Unexpired Expenditures
       323. The Matching Convention
   33. Special Topics
   34. Treatment of Expenditure, Revenue, and Financial
       Accounts in Closing
4.  RECAPITULATION
NOTES AND REFERENCES
