Current issues in fair value reporting / Sharifah Norhafiza Syed Ibrahim
Business environment changes over time where business activities are getting more complex than before. As transaction-based accounting and reporting have been used to provide financial information of businesses dominated by manufacturing and merchandising activities, it is argued as not being able t...
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| Format: | Book |
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Universiti Teknologi MARA Cawangan Pahang,
2008.
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| Online Access: | Link Metadata |
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| Summary: | Business environment changes over time where business activities are getting more complex than before. As transaction-based accounting and reporting have been used to provide financial information of businesses dominated by manufacturing and merchandising activities, it is argued as not being able to fairly report current business activities. Fair value reporting is claimed by many to be better than transaction-based accounting in meeting shareholders' needs and investors' expectations. However, there are few issues currently being debated by preparers, standard setters, regulators and users' representatives such as relevant vs. reliability, measurement and implementation issues, and lack of a single guidance and framework |
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| Item Description: | https://ir.uitm.edu.my/id/eprint/32979/1/32979.PDF |