‘What is income? In the context of a review of the income theories of Fisher and Hicks critically evaluate the challenge to the use of Hicksian income theory in accounting policy by Bromwich, Macve and Sunder (2010).’


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prefer references:
Fisher, I.(1930), ‘Income and Capital’, reprinted in R. H. Parker and G. C.
Hicks J. R. (1946), ‘Income’ in Value and Capital, 2nd Edition, OUP, reprinted in R. H. Parker and G. C. Harcourt (1969) Readings in the Theory and Measurement of Income, CUP [U]
Bromwich, M., R. Macve and S. Sunder. 2010. Hicksian income in the conceptual framework. Abacus 46(3): 348-376.[U]
Whittington, G., Measurement in Financial Reporting, Abacus, 2010, vol. 46, issue 1, pages 104-110.
Whittington, G., FAIR VALUE & CONCEPTUAL FRAMEWORK: AN ALTERNATIVE VIEW, ABACUS, Vol. 44, No. 2, 2008
Hello, in the introduction part, i want you briefly answer what it is income and mention the income theories of both Fisher and Hicks, then write down what you going to discuss in the mainbody.
in the mainbody part, due to the article Bromwich, Macve and Sunder (2010) has mentioned 4 viewpoints of difficulties in this article ‘s conclusion, i want the structure to be listed 4 subheadings of these 4 difficulties and then evaluate and discuss it.
i am now attach some useful sources for you which include Bromwich, M., R. Macve and S. Sunder. 2010. Hicksian income in the conceptual framework, Whittington, G., Measurement in Financial Reporting, and Whittington, G., FAIR VALUE & CONCEPTUAL FRAMEWORK: AN ALTERNATIVE VIEW, ABACUS.
in addition, i also attached our course handout which include some basic contents of the income theories of Fisher and Hicks in both ex-ante and post-ante
by the way:our tutor has suggested that both Whittington, G.’s references are relevant with this essay, i hope you can have a look and use it in the essay



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