Income From Continuing Operation
Define income from continuing operations before income taxes.
Income from continuing operation. Net income from continuing operations is a line item on the income statement that notes the after tax earnings that a business has generated from its operational activities. It is defined as the earnings of the business after expenses have been deducted. Income from continuing operations is also. The income from the continuing operations is reported in a multi step income statement of the business that accounts for the regular business activities including the tasks required for making a product or providing a service.
Means the consolidated income before income taxes and excluding i discontinued operations. Generally accepted accounting principles and as reported in the company s. Income from continuing operations is a net income category found on the income statement that accounts for a company s regular business activities.