skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

The Debate over Fair Value Reporting

The CPA journal (1975), 2013-02, Vol.83 (2), p.46

Copyright New York State Society of Certified Public Accountants Feb 2013 ;ISSN: 0732-8435

Full text available

Citations Cited by
  • Title:
    The Debate over Fair Value Reporting
  • Author: Jordan, Charles E ; Clark, Stanley J ; Pate, Gwen R
  • Subjects: Accounting ; Balance sheets ; Costs ; Earnings management ; Fair value ; Financial reporting ; Financial statements
  • Is Part Of: The CPA journal (1975), 2013-02, Vol.83 (2), p.46
  • Description: For the past several decades, FASB and the IASB have been slowly but steadily shifting from historical cost to fair value reporting. The current financial reporting model comprises a mixture of both historical costs (eg, plant assets) and fair values (eg, certain investments). But both standards-setting bodies have made known their view that fair value reporting is here to stay -- and will likely become the primary reporting basis for financial accounting in the future. Benford's Law has become a popular forensic analytical tool for discovering fraud or the manipulation of financial data. Named for General Electric physicist Frank Benford, who discovered its properties in the early 1930s, the law is based on mathematical theorems that determine the probabilities that the numbers 0 through 9 will appear in specific digital positions of naturally occurring data.
  • Publisher: New York: New York State Society of Certified Public Accountants
  • Language: English
  • Identifier: ISSN: 0732-8435
  • Source: ProQuest Central
Back to results list
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait