What is the difference between mark-to-market accounting and cash flow accounting in financial reporting, and which one
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What is the difference between mark-to-market accounting and cash flow accounting in financial reporting, and which one is preferred?
Mark-to-market accounting (MTM) and cash flow accounting are two distinct methods of reporting financial transactions. MTM reporting requires assets and liabilities to be recorded at fair value, while cash flow reporting records transactions based on actual cash inflows and outflows.
Related Book For
Understanding Financial Statements
ISBN: 9780138114404
12th Edition
Authors: Lyn Fraser, Aileen Ormiston
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