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current value accounting
Essay specific features
Written by:
Tony S
Date added:
March 10, 2014
Level:
University
Grade:
A
No of pages / words:
19 / 5183
Was viewed:
5890 times
Rating of current essay:
Essay content:
The theoretical roots of these methods are similar and they can be taken as options to deal with the issue of capital maintenance and income recognition under a changing price environment. It is found current value accounting affects accounting environment greatly in aspects of standard setting, financial analysis and academic researches...
displayed 300 characters
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However, it is not the right time for current value accounting to dominate the accounting practice due to several weaknesses of it. It is recommended to mix present value method, current exit price method and current entry price method together as an organic entity to improve the adoptability of current value accounting...
displayed 300 characters
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