fundraising ideas for not for profit organizations The concept of accounting income is called accounting income. According to the traditional view, the accounting income refers to the difference between the realized income and the corresponding expenses. It has the following characteristics: 1. Industrial age By transferring ownership and control of data, the entire society's passive consumers will be active participants. With the tools to audit the supply chain, labor security, fair trading, and organic production will all be validated. We can replace advertising terms with proof and replace trust with auditability.