Accounting is called the language of business. It is how we interpret the financial well-being of an organization. The value proposition is at the heart of competitive advantage. How we measure value becomes extremely important.

What is the true value of an organization? Pick any company that you are interested in and study its financial statements. Specifically, compare its net income vs. cash flow, book value vs. market value of stockholders' equity (market capitalization).

Value Creation 1

The Relevance of Psychology Theories to Financial Accounting

Use outside sources and refrences.