Market Value vs Historical Cost Valuations of Fixed Assets in the Context of International Convergence
The purpose of this paper is to discuss the differences between accounting for fixed assets under IFRS and U.S. GAAP. Primarily the discussion will be driven by the question: which standard should the FASB lobby for in its joint effort with the IASB to converge U.S. GAAP with IFRS? The paper will...
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| Format: | Others |
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Scholarship @ Claremont
2011
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/119 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1189&context=cmc_theses |