Premium The Role of Present Value‐based Measurement in General Purpose Financial ReportingPremium
Author(s)
HAMPTON GEORGE
Publication year1999
Publication title
australian accounting review
Resource typeJournals
PublisherBlackwell Publishing Ltd
Accounting theorists have advocated different measures of the elements of general purpose financial reports. Australian accounting standards currently permit those elements to be measured in a number of ways. At present there is no Australian concepts statement dealing with the topic of measurement. This article examines the proposition that present value‐based measurement ought to be, in the context of the Australian conceptual framework, adopted as the “prefewed” conceptual basis of measurement.
Subject(s)accounting , accounting information system , actuarial science , audit , biology , business , computer science , conceptual framework , context (archaeology) , epistemology , financial accounting , financial statement , law , machine learning , paleontology , philosophy , political science , proposition , social science , sociology , statement (logic) , value (mathematics)
Language(s)English
SCImago Journal Rank0.551
H-Index36
eISSN1835-2561
pISSN1035-6908
DOI10.1111/j.1835-2561.1999.tb00096.x
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