Relation of Book Value and Market Value
Select an account from one of the categories below.
Long-lived assets subject to depreciation and amortization
Intangible assets not subject to amortization because of indefinite lives, or
Goodwill.
Examine the U.S. GAAP and IFRS standards related to reporting of that asset. Note the recording when book values and market values differ. What Judeo-Christian ethical principles might apply to the decision of which valuation is used?
Complete initial post (400 words or more) and at least one response (200 words or more) in the discussion forum (see attached rubric). Your initial post is due by the end of Day 5, and your response to a peer is due by the end of Day 7.
Appropriate APA style is required to include a citation within and reference below for each response. Do not use search engines or non-legitimate sources as references.
Here is our text book:
Financial Reporting, Financial Statement Analysis and Valuation, 8th Edition
James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
ISBN-10: 1285190904
ISBN-13: 9781285190907
© 2015
