Conditional and Unconditional Conservatism Implications for Accounting Based Valuation and Risky Projects

Conditional and Unconditional Conservatism Implications for Accounting Based Valuation and Risky Projects / by Julia Nasev.

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...

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Bibliographic Details
Main Author: Nasev, Julia (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Wiesbaden : Gabler Verlag : Imprint: Gabler Verlag, 2009.
Edition:1st ed. 2009.
Series:Quantitatives Controlling
Springer eBook Collection.
Subjects:
Public finance.
Finance.
Accounting.
Bookkeeping .
Electronic resources (E-books)
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Description
Summary: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.
Physical Description:XVII, 116 p. 6 illus. online resource.
ISBN:9783834984586
DOI:10.1007/978-3-8349-8458-6

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