Including estimates of the future in today's financial statements

Preprint OPEN
Mary Barth;
(2006)
  • Subject: financial statements, fair value, financial reporting
    • jel: jel:E58 | jel:G15 | jel:M41

This paper explains why the question is how, not if, today's financial statements should include estimates of the future. Including such estimates is not new, but their use is increasing. This increase results primarily because standard setters believe asset and liabili... View more
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