| Value and Profit: An Introduction to Measurement in Financial Reporting Contributor(s): Whittington, Geoffrey (Author) |
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ISBN: 0521190975 ISBN-13: 9780521190978 Publisher: Cambridge University Press OUR PRICE: $133.00 Product Type: Hardcover - Other Formats Published: October 2017 |
| Additional Information |
| BISAC Categories: - Business & Economics | Finance - General - Business & Economics | Corporate Finance - General |
| Dewey: 658.151 |
| LCCN: 2017006036 |
| Physical Information: 1" H x 6.1" W x 9.1" (1.41 lbs) 362 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The measurement methods used in financial accounting affect our perception of the value and performance of businesses by determining the amount of reported profit or loss and the resources of the business. Thus, measurement affects shareholders and other stakeholders in the business. It has even been suggested that the world financial crisis of 2007-2010 was partly due to the mis-measurement of financial instruments. In this book, Geoffrey Whittington provides a unique survey of the theory and practice of measurement in financial accounts. It seeks to define and illustrate alternative methods, using simple numerical examples, and to analyse their theoretical properties. Also, it summarises extensive empirical evidence and the historical development of ideas and practice. It is essential reading for advanced undergraduate and postgraduate students studying financial accounting, as well as practitioners and policy-makers concerned with accounting standards. |
Contributor Bio(s): Whittington, Geoffrey: - Geoffrey Whittington is a Senior Research Associate of the Cambridge Centre for Alternative Finance, Judge Business School, Cambridge and a founding member of the International Accounting Standards Board, London (2001-6). He is the author of numerous publications and essays on financial accounting, including The Elements of Accounting (Cambridge, 1992) and The Debate on Inflation Accounting with David Tweedie (Cambridge, 1984). |
