What are some potential disadvantages of fair value accounting?
Question:
What are some potential disadvantages of fair value accounting?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Disadvantages of fair value accounting Fair values may not be readi...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Accounting questions
-
What are some potential disadvantages to photo-sharing Web sites such as Instagram and Color?
-
What are some potential disadvantages to photo-sharing Web sites such as Instagram and Color? Discuss.
-
What are some potential problems with the top-down and bottom-up budgeting processes? What are some ways of dealing with these potential problems?
-
On a cold winter day, the atmospheric temperature is - (on Celsius scale) which is below 0C. A cylindrical drum of height h made of a bad conductor is completely filled with water at 0C and is kept...
-
Conseur, Hathcote, and Kim (2008) measured the relationship between consumer masculinity and appearance-related self-esteem, consumer masculinity and media influence, and consumer masculinity and...
-
In problem 13-2-10 [BVF], an equilibrium mixture consisting of CO2, CO, H2, H2O and O2 exits at 2500 K, 100 kPa. Determine (a) Molar composition of CO2 at equilibrium and (b) The amount of heat...
-
A short connecting pipe between two tanks is clogged with a plug of \(\mathrm{NaCl}\) crystals. The plug formed as a cylinder of circular cross-sectional area with a constant diameter \(D=2.0...
-
Agazzi Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (Omit explanations.) Aug. 2 Invested $12,000 cash and $2,500 of...
-
You should come to a well thought-out conclusion as to which of the three techniques is most preferable. You need to back up your conclusion with at least 3 supporting points. To be complete, your...
-
Jaffa Company prepared its annual financial statements dated December 31, 2014. The company applies the FIFO inventory costing method; however, the company neglected to apply LCM to the ending...
-
What is the evidence of the trend toward fair value accounting?
-
Journalize the entries to record the following selected bond investment transactions for Olson Technologies: (a) Purchased for cash $90,000 of Hart Industries 7% bonds at 100 plus accrued interest of...
-
Explain the purpose and the implementation of the Box-Tidwell method. Why must the unmodified REML criterion be avoided?
-
The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equipment (net) Liabilities: Current liabilities Note payable, 6%, due in...
-
Helloo take your time! afterwards I'll give you a positive remarks. Thank you so much! Why is the study of financial management important to your professional life regardless of the specific area of...
-
Geoff and Gail wish to borrow $75,000 to be repaid by equal monthly instalments over 25 years. The nominal interest rate is 9.9% per annum and the repayments will be made at the end of each month....
-
Provide enough information on each answer by providing lengthy answers. Explain Cost Concept? Explain Money Measurement Concept? Explain Matching Concept? Explain Convention Of Conservation? Explain...
-
What is a payment gateway? Is it different than PSP (Payment service provider) What does he do? Why do we need it? Pls give some examples of it in the world a few and in Turkey? Who is a payment...
-
Suppose that \(r=0, n=15\), and \(s_{y}=10\). Determine \(s\).
-
Highland Theatre is owned by Finnean Ferguson. At June 30, 2014, the ledger showed the following: Cash, $6,000; Land, $100,000; Buildings, $80,000; Equipment, $25,000; Accounts Payable, $5,000;...
-
(a) What is the momentum of a 2000 kg satellite orbiting at 4.00 km/s? (b) Find the ratio of this momentum to the classical momentum. ( Use the approximation that = 1+(1/2)v 2 /c 2 at low...
-
The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is as follows: The income statement for the year ended December 31, 20Y3, is as follows: Additional data obtained from an...
-
The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is as follows: The income statement for the year ended December 31, 20Y3, is as follows: Additional data obtained from an...
-
The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, is as follows: The income statement for the year ended December 31, 20Y3, is as follows: Additional data obtained from an...
-
Peak expiratory flow (PEF) is a measure of a patient's ability to expel air from the lungs. Patients with asthma or other respiratory conditions often have restricted PEF. The mean PEF for children...
-
the d because some of the blanks i filled in are incorrect
-
A person inherited $ 2 6 0 0 0 and invests it immediately at 1 0 . 7 5 % compounded monthly. The person decides to quit his / her job and withdraws $ 2 0 0 0 at the end of each month for as long as...
Study smarter with the SolutionInn App