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Suppose that the Financial Accounting Standards Board releases a new accounting standard requiring that companies must recognize all land assets at fair market value
Suppose that the Financial Accounting Standards Board releases a new accounting standard requiring that companies must recognize all land assets at fair market value on the balance sheet. How would this standard impact the quality of the information system implicitly conveyed by companies' financial statements?
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Implementing a new accounting standard that requires recognizing all land assets at fair market value on the balance sheet would have several implications for the quality of information in financial s...
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
