Conditional and Unconditional Conservatism: Implications for Accounting Based Valuation and Risky Projects (Quantitatives Controlling)

Nasev, Julia

ISBN 10: 383492122X / ISBN 13: 9783834921222

Published by Gabler Verlag, 2009

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Seller Inventory # I-9783834921222

Bibliographic Details

Title: Conditional and Unconditional Conservatism: ...

Publisher: Gabler Verlag

Publication Date: 2009

Binding: Soft cover

Condition: New

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Synopsis:

At the heart of the current debate on financial reporting standards is conservatism. It is one of the oldest principles in accounting. Most obviously, conservatism is reflected in high market-to-book ratios indicating that accounting measurement understates book value relative to market value. Julia Nasev examines the impact of conservative accounting numbers on valuation estimates and on real economic decisions such as cost stickiness.

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