"Profits and losses" as meaning the opposite of a first appearance in economic terms, "Accounting Standards for Business Enterprises", this is the new criteria than the old norms of a big change. This change reflects the greater financial accounting to reflect the basic functions of economic information, accounting information will enable users to better understand the operation of enterprises, in order to make the right decision. This is the right term analysis notes to help you learn more about the new guidelines awareness and understanding.