A Comparative Analysis Between Fair Value And The Concept Of Economic Value In Italian Accounting Literature

Download A Comparative Analysis Between Fair Value And The Concept Of Economic Value In Italian Accounting Literature full books in PDF, epub, and Kindle. Read online A Comparative Analysis Between Fair Value And The Concept Of Economic Value In Italian Accounting Literature ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

A Comparative Analysis Between Fair Value and the Concept of Economic Value in Italian Accounting Literature

Author : Pier Luigi Marchini
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Book Synopsis A Comparative Analysis Between Fair Value and the Concept of Economic Value in Italian Accounting Literature by : Pier Luigi Marchini

Download or read book A Comparative Analysis Between Fair Value and the Concept of Economic Value in Italian Accounting Literature written by Pier Luigi Marchini and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to study the elements characterizing fair value, which represents one of the most significant criterion that will impact on financial statements of Italian companies due to the adoption of International Accounting Standards/International Financial Reporting Standards (IAS/IFRS) by European enterprises, and to allow a comparative surveying with the concept of economic value, as it was defined in the Italian accounting literature, in connection with the possibility to find similar aspects, but substantial differences, too. The study also analyzes, on the basis of empirical evidences founded out by a defined sample of companies listed in Stock Exchanges, the critical aspects of the accounting representation based on the adoption of the criteria above mentioned. This is especially relevant, nowadays, because of the recent project by International Accounting Standards Board (IASB) to promote these forms of representation, in particular the one called comprehensive income, with the aim of representing all the income components produced by enterprises, either realized and to be realized, as an instrument that will be able to make companies' financial communication and disclosure more complete, as a fundamental element of corporate accountability.

Locating Accounting in Its National Context

Author : Stefano Zambon
Publisher : FrancoAngeli
ISBN 13 : 9788846439543
Total Pages : 244 pages
Book Rating : 4.4/5 (395 download)

DOWNLOAD NOW!

Book Synopsis Locating Accounting in Its National Context by : Stefano Zambon

Download or read book Locating Accounting in Its National Context written by Stefano Zambon and published by FrancoAngeli. This book was released on 2002 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Management and Valuation of Heritage Assets

Author : Loris Landriani
Publisher : Springer Science & Business Media
ISBN 13 : 3319017632
Total Pages : 154 pages
Book Rating : 4.3/5 (19 download)

DOWNLOAD NOW!

Book Synopsis Management and Valuation of Heritage Assets by : Loris Landriani

Download or read book Management and Valuation of Heritage Assets written by Loris Landriani and published by Springer Science & Business Media. This book was released on 2013-10-29 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The valuation of Heritage Assets (HA), which are a vital resource for the non-profit public or private organizations operating in the heritage sector is on the one hand sometimes difficult to do, and on the other, can be excessively costly with respect to the correlated disclosure benefits. The growing application of the (full or modified) accrual basis of accounting in the public and non-profit sectors has extended and reanimated this issue. This book applies the comparative method, in order to provide new information on the analyzed subject. Specifically, after having investigated the different theoretical and technical proposals, it compares the reporting behavior of significant cases of Italian and American public and private organizations, coming from different cultural and management approaches. Proposing a link between the managerial and reporting issues of the organizations involved in the management and maintenance of heritage assets, this book is crucial in the task to optimize the performance of organizations in this sector.

Fair Value Measurement

Author : Mark L. Zyla
Publisher : John Wiley & Sons
ISBN 13 : 1118282795
Total Pages : 427 pages
Book Rating : 4.1/5 (182 download)

DOWNLOAD NOW!

Book Synopsis Fair Value Measurement by : Mark L. Zyla

Download or read book Fair Value Measurement written by Mark L. Zyla and published by John Wiley & Sons. This book was released on 2012-10-23 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: FAIR VALUE MEASUREMENT Practical Guidance and Implementation "Writing Fair Value Measurement was a monumental task fraught with controversy not only in the U.S., but also abroad. Having coauthored a book with Mark as well as written one myself, I was even more impressed that Mark was able to navigate these fair value minefields and produce a work that will be a tremendous help to accountants and non-accountants alike. If you are looking for a 'one-stop' book on fair value measurement, this is it!" Neil J. Beaton, CPA/ABV, CFA, ASA, Managing Director, Valuation Services, Alvarez & Marsal "In recent years, the FASB and the IASB have added many requirements for various assets and liabilities to be measured at fair value. In this book, Zyla clearly describes how to implement fair value measurement and how investors and creditors should interpret it. The crisp writing and illuminating analysis will help readers to grasp the essence of fair value accounting and to apply it wisely." J. Edward Ketz, Associate Professor of Accounting, Pennsylvania State University "The focus of the book is on fair value measurement based on level 3 inputs. This is a critical area of valuations for financial reporting due to a false comfort given by routine application of evaluating models and assumptions without real possibilities of calibration. Mark Zyla offers an extraordinary help in understanding the reliability of the inputs and the outputs of the different methodologies and the inherent biases in each of them. The book is a precious support for better valuation both in U.S. GAAP and in IFRS fair value reporting." Mauro Bini, Full Professor of Corporate Finance, Bocconi University; Chairman, Management Board OIV (Organismo Italiano di Valutazione) Essential guidance on the fair value measurement process Now in a second edition, Fair Value Measurement: Practical Guidance and Implementation helps you succeed in understanding the fair value accounting rules that entities must follow. The result is a resource that you can rely on to understand the importance of valuation and the concepts that define it. In basic, nontechnical language, author Mark Zyla presents practical direction for best practices of financial valuation as well as for understanding the many FASB pronouncements involving fair value. An essential guide for auditors and valuation specialists, Fair Value Measurement: Practical Guidance and Implementation, Second Edition brings you up to speed on what fair value really means.

Accounting Valuations

Author : Cozma Ighian Diana Sabina
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659342882
Total Pages : 132 pages
Book Rating : 4.3/5 (428 download)

DOWNLOAD NOW!

Book Synopsis Accounting Valuations by : Cozma Ighian Diana Sabina

Download or read book Accounting Valuations written by Cozma Ighian Diana Sabina and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unifying the economical-financial information at an international level represents today, within the context of the globalization and integration of the financial markets around the world, an important and urgent demand. One of the coordinates of accounting globalization is the fair value based valuation system. This paper describes the controversial history of fair value measurement and the main novelties in the field of fair value measurement, arising from the international convergence process. But the concept of fair value has been the source of vivid debates with regards to its meaning in contemporary accountancy, both in theory and in practice. So, we find it necessary to explore the arguments for and against fair value and tries to find out whether advantages are superior to disadvantages of fair value measurements. Due to the ever increasing importance of the concept of fair value, we have decided it was relevant to focus our research work on the analysis of how this concept was adopted in Romania. We have attempted an empirical research on the perception of accounting practitioners over an accounting system based on fair value.

Can Fair Value Accounting Create a Cognitive Bias?

Author : Karen Yvonne Green
Publisher :
ISBN 13 :
Total Pages : 98 pages
Book Rating : 4.:/5 (91 download)

DOWNLOAD NOW!

Book Synopsis Can Fair Value Accounting Create a Cognitive Bias? by : Karen Yvonne Green

Download or read book Can Fair Value Accounting Create a Cognitive Bias? written by Karen Yvonne Green and published by . This book was released on 2015 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the effects of the discretion allowed in fair value accounting on manager selling decisions of Level 3 fair value assets and liabilities. Grounded in motivated reasoning and prospect theory, the discretion permitted for Level 3 fair value assets and liabilities is predicted to have behavioral consequences. The study employs a 2 X 2 between- participant design, manipulating a conservative level of the discretion used to ascertain the fair value (more or less conservative) and the volatility of the historically recognized fair value (low or high). Both graduate students and accounting professionals were asked to read a case scenario and make selling decisions regarding a pool of Level 3 fair value assets purchased six quarters ago. The results indicate that the discretion of the conservative level affects the asking price although the volatility of historically recognized fair values does not significantly influence accounting professionals' selling choices. In a comparative analysis, as volatility increases, the difference in the asking price increases between the graduate student sample and the professional sample. Additionally, this study provides support that discretion of the conservative level does not affect the likelihood to sell the security, but rather affects the asking price and the lowest price willing to accept if participants were to sell the Level 3 fair value security. These findings contribute to the fair value accounting literature by providing new insights on the effects fair value discretion has on manager decision-making as well as contributing evidence to the fair value accounting relevance debate.

Mark to Market and Fair Value Accounting

Author : James W. Curtis
Publisher :
ISBN 13 : 9781614702153
Total Pages : 249 pages
Book Rating : 4.7/5 (21 download)

DOWNLOAD NOW!

Book Synopsis Mark to Market and Fair Value Accounting by : James W. Curtis

Download or read book Mark to Market and Fair Value Accounting written by James W. Curtis and published by . This book was released on 2009 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fair Value Accounting

Author : Shlomi Shuv
Publisher :
ISBN 13 : 9781839984198
Total Pages : 224 pages
Book Rating : 4.9/5 (841 download)

DOWNLOAD NOW!

Book Synopsis Fair Value Accounting by : Shlomi Shuv

Download or read book Fair Value Accounting written by Shlomi Shuv and published by . This book was released on 2022 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: A complete handbook for fair value measurement (IFRS & US GAAP). The book combines professional accounting literature, standards and practice into a single well-rounded and user-friendly resource.

Fair Value Measurement: Basis for conclusions

Author : International Accounting Standards Board
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!

Book Synopsis Fair Value Measurement: Basis for conclusions by : International Accounting Standards Board

Download or read book Fair Value Measurement: Basis for conclusions written by International Accounting Standards Board and published by . This book was released on 2009 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Economic Analysis of Fair Value

Author : Vincent Bignon
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (129 download)

DOWNLOAD NOW!

Book Synopsis An Economic Analysis of Fair Value by : Vincent Bignon

Download or read book An Economic Analysis of Fair Value written by Vincent Bignon and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: In July 2002, the Europea ...

The Routledge Companion to Fair Value in Accounting

Author : Gilad Livne
Publisher : Routledge
ISBN 13 : 9781315621876
Total Pages : 346 pages
Book Rating : 4.6/5 (218 download)

DOWNLOAD NOW!

Book Synopsis The Routledge Companion to Fair Value in Accounting by : Gilad Livne

Download or read book The Routledge Companion to Fair Value in Accounting written by Gilad Livne and published by Routledge. This book was released on 2018 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the current value of assets and liabilities. Critics of fair value argue that it is less useful over longer time frames and prone to distortion by market inefficiencies resulting in procyclicality in the financial system by exacerbating market swings. Comprising contributions from a unique mixture of academics, standard setters and practitioners, and edited by internationally recognized experts, this book, on a controversial and intensely debated topic, is a comprehensive reference source which: examines the use of fair value in international financial reporting standards and the US standard SFAS 157 Fair Value Measurement, setting out the case for and against looks at fair value from a number of different theoretical and practical perspectives, including a critical review of the merits and arguments against the use of fair value accounting explores fair value accounting in practice, involvement in the Great Financial Crisis, implications for managerial reporting discretion, compensation and investment This volume is an indispensable reference that is deserving of a place on the bookshelves of both libraries and all those working in, studying, or researching the areas of international accounting, financial accounting and reporting.

Accounting for Goodwill

Author : Andrea Beretta Zanoni
Publisher : Routledge
ISBN 13 : 1135255091
Total Pages : 260 pages
Book Rating : 4.1/5 (352 download)

DOWNLOAD NOW!

Book Synopsis Accounting for Goodwill by : Andrea Beretta Zanoni

Download or read book Accounting for Goodwill written by Andrea Beretta Zanoni and published by Routledge. This book was released on 2009-06-10 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an illuminating analysis of Internally Generated Goodwill from a strategic point of view. The author launches his strategic analysis from a foundational understanding of Internally Generated Goodwill as determined largely in relationship to intangible resources and competitive differentials. Arguing that intangible resources are at the origin of competitive differential--and accordingly at the origin of the achievement of economic profit--the author shows how Internally Generated Goodwill can be considered as the economic expression of competitive differentials and, therefore, as the expression of the greater firm’s value that originates from those differentials. In addition to offering this innovative theoretical framework, the author develops a variety of practical tools for generating value estimates and value breakdowns of IIG. The masterful analysis provided here focuses on developing methods for identifying the elements that compose IIG and on achieving an accurate estimate of its value, ultimately seeking to evaluate the limitations and advantages of the existing variety of approaches to analyzing the constituent parts of IIG and to devise accounting practices that will help academics and professionals alike to obtain more significant and lucid results.

Comparative Research on Earnings Management, Corporate Governance, and Economic Value

Author : Vieira, Elisabete S.
Publisher : IGI Global
ISBN 13 : 1799875989
Total Pages : 433 pages
Book Rating : 4.7/5 (998 download)

DOWNLOAD NOW!

Book Synopsis Comparative Research on Earnings Management, Corporate Governance, and Economic Value by : Vieira, Elisabete S.

Download or read book Comparative Research on Earnings Management, Corporate Governance, and Economic Value written by Vieira, Elisabete S. and published by IGI Global. This book was released on 2021-02-12 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: New trends are emerging regarding earnings management and corporate governance showing similarities and striking differences in the practices of different countries and economies. These new trends currently shape the field of modern corporate governance with crucial issues being looked at in governance law and practices, accounting systems, earnings quality and management, stakeholder involvement, and more. In order to advance these new avenues in corporate governance, research looks at accounting policies firms use in different opportunistic circumstances in order to manage earnings, the corporate governance practices in different countries, firm performance, and other dimensions of companies. The understanding of these topics is beneficial in understanding the current state of different types of firms and their practices in modern times. Comparative Research on Earnings Management, Corporate Governance, and Economic Value is focused on the investigation of key challenges and perspectives of corporate governance and earnings management and outlines possible scenarios of its development. The chapters explore this new avenue of research and cover theoretical, empirical, and experimental studies related to different themes in the global context of earnings management and corporate governance. This book is ideal for economists, businesses, managers, accountants, practitioners, stakeholders, researchers, academicians, and students who are interested in the current issues and advancements in corporate governance and earnings management.

Comparative International Accounting

Author : Christopher Nobes
Publisher : Prentice Hall
ISBN 13 :
Total Pages : 626 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis Comparative International Accounting by : Christopher Nobes

Download or read book Comparative International Accounting written by Christopher Nobes and published by Prentice Hall. This book was released on 2002 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its seventh edition, this successful text offers a comprehensive yet coherent examination of the international dimensions of financial accounting and reporting. Most of the chapters are written by the two main authors, but there are several contributions from leading international practitioners and academics.Part I gives an overview of the causes and nature of international differences in accounting and financial reporting.Part II examines individual countries and includes studies of the UK, the US, the Netherlands, France, Germany, Japan, Australia, Canada, Singapore, Scandinavia, Italy, Spain, South Korea, Central and eastern Europe and China. Part III takes a comparative look at four major financial reporting issues. Part IV analyses four issues of international analysis and management.The text has been thoroughly revised and updated. It retains the structure of the last edition but incorporates the following new features: New chapters on International Accounting Standards (Chapter 6) and Liabilities (Chapter 15). The structure and content of the main country chapters have been revised and standardized to present a more cohesive comparison. Each country chapter contains a list of differences from international standards. Learning objectives have been introduced at the start of each chapter and extra questions have been added to several chapters. "Comparative International Accounting"is primarily intended for students at both undergraduate and postgraduate level taking courses in comparative and international accounting. Christopher Nobes is PricewaterhouseCoopers Professor of Accounting at the University of Reading, UK. He isVice-Chairman of the accountancy committee of the Federation des Experts Comptables Europeens and was a UK representative on the board of the IASC from 1993 to 2001. Robert Parker is Emeritus Professor of Accounting at the University of Exeter, UK. He was formerly editor of the journal Accounting and Business Research.

Fair Value Measurement: Illustrative examples

Author : International Accounting Standards Board
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!

Book Synopsis Fair Value Measurement: Illustrative examples by : International Accounting Standards Board

Download or read book Fair Value Measurement: Illustrative examples written by International Accounting Standards Board and published by . This book was released on 2009 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Capital Structure, Earnings Management, and Risk of Financial Distress

Author : Pietro Gottardo
Publisher : Springer
ISBN 13 : 3030003442
Total Pages : 103 pages
Book Rating : 4.0/5 (3 download)

DOWNLOAD NOW!

Book Synopsis Capital Structure, Earnings Management, and Risk of Financial Distress by : Pietro Gottardo

Download or read book Capital Structure, Earnings Management, and Risk of Financial Distress written by Pietro Gottardo and published by Springer. This book was released on 2018-09-24 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the impacts that family control of firms has on capital structure choices, leverage and the risk of financial distress, earnings management practices, and the relation between accounting choices and firm market value. For these purposes, longitudinal data on Italian family and non-family non-financial firms are closely analyzed. The Italian setting is of special interest in this context because family businesses account for 94% of GDP, families are particularly committed to maintaining control of firms, and the economy is bank based rather than market based. The analyses draw on the socioemotional wealth approach, which emphasizes the importance of the stock of emotional value in family firms, in combination with financial theories such as Pecking Order Theory, Trade-off Theory, and Agency Theory. The findings cast significant new light on differences between family and non-family firms and the effects of different forms of family influence. The book will have broad appeal for academics, managers, practitioners, and policymakers.

Accounting for Value

Author : Stephen Penman
Publisher : Columbia University Press
ISBN 13 : 0231521855
Total Pages : 265 pages
Book Rating : 4.2/5 (315 download)

DOWNLOAD NOW!

Book Synopsis Accounting for Value by : Stephen Penman

Download or read book Accounting for Value written by Stephen Penman and published by Columbia University Press. This book was released on 2010-12-30 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.