Fair value

p.465), since there have been debates on choice of asset measurement methods; This paper therefore discusses some methods of asset measurement and analyzes, from the stakeholders’ perspective, which of them provides the most useful and true and fair view of an organization. Asset measurement Models There are various models of asset measurement, these include Historical Cost(HCA), current purchasing power(CPP), replacement cost(RCA) or current cost(CCA), Net realizable

ap Instructor’s Manual—Chapter 13 CHAPTER 13 Standard Setting: Political Issues 13.1 13.2 Overview Two Theories of Regulation 13.2.1 The Public Interest Theory 13.2.2 The Interest Group Theory 13.2.3Which Theory of Regulation Applies to Standard Setting? 13.3 Conflict and Compromise 13.3.1 An Example of Constituency Conflict 13.3.2 Comprehensive Income 13.3.3 Conclusion re Comprehensive income 13.4 13.5 Rules-Based v. Principles-based Accounting Standards Criteria for Standard Setting 13.5.1 Decision

ohnson, J., & Higgins, A. (2014). Evaluating the fair market value to pay for performance. Healthcare Financial Management, 68(4), 80-54. This article summarizes pay for performance and the evaluation of fair market value. The authors noted that when assessing a pay-for-performance arrangement, the following factors should be considered: existence and/or size of minimum savings threshold before savings are allocated; savings allocation percentage available to physicians; benchmarks used to measure

identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquire at their acquisition-date fair values.” The two important concepts in this guidance are that first the value must be as of the acquisition date and secondly that fair market value is used. It does not matter what is on the investee’s books. What is fair market value? As per ASC 820-10-20 it is, “The price that would be received to sell an

development of modernized societies, using accounting as an essential means by which organizations react to environmental pressures to improve their legitimacy through impression management. Impression management comes to play when organizations norms and values are not in line with

Generally, a constructive dividend is unique from an ordinary dividend in many different ways. A constructive dividend is a form of payment to the shareholders from a corporation which can cause in financial benefits to its shareholder. Section 316(a) defines a dividend as any distribution of property (money, securities, and any other property except stock) that a corporation makes to its shareholders out of its current and accumulated earnings and profits after February 28, 1913. In other hand

Memorandum to: Accounting department of family finance co. from: Daisy subject: fair value hierarchy date: december 15, 2012 Introduction Family Finance Co. (FFC), a publicly traded commercial bank, invests in a variety of securities in order to enhance returns greater than interest paid on bank deposits and other liabilities. The primary investments of FFC are collateralized debt obligation, mortgage-backed securities, auction-rate securities, equity securities in nonpublic companies, interest

ADM 4342M Accounting Theory Mid-Term Exam February 4, 2009 Instructor: B. La Rochelle, Ph.D., C.A. Duration: 2 hours Value: 25% of your final grade Note to students: This is a closed-book exam, containing 3 questions, worth 30 marks in total. Apart from sundry writing materials (pens, pencils and the like), no examination aids are permitted NAME: __________________________________________ STUDENT #: ________________________ Statement of Academic Integrity The School

audit firm. Kang met with Kate Boller the CFO to discuss inventory and told her that a write-down of twenty percent needed to be made because the value of the inventory was twenty percent less than the original amount recorded. This write-down would reduce earnings for the client of $2 million and would reflect a loss for the year. Boller stated that the values were acceptable and that all previous auditors had followed that method, Kang is now facing the dilemma of whether he should keep his client happy

Adoption of the IFRS in Europe The IFRS adoption started in 2002 with the European Union embracing with the AS regulation, as a way to increase the comparability between the countries and their financial statements. This required the European companies to be listed under the European Union securities market and make their consolidated financial statements in accordance with the International Financial Reporting Standards. Though this not only included the European members' state but also countries