학술논문
Performance Measurement for Equity Analysis and Valuation.
Document Type
Article
Author
Source
Subject
*Valuation of corporations
*Corporate finance
*Fair value accounting
*Fair presentation
*Earnings forecasting
*Financial statements
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Language
ISSN
1744-9480
Abstract
This paper comments on the IASB/FASB project on financial statement presentation. It suggests that the basic approach of cohesiveness between statements is worthwhile and the split between operating, financing and investing is useful to investors. However it proposes different valuation and presentation approaches for different activities, and underlines the importance of earnings for forecasting comprehensive income. It suggests a conceptual approach to defining earnings and explores ways of avoiding recycling while identifying fair value changes for some assets and liabilities. [ABSTRACT FROM AUTHOR]