Volume 6, Issue 4, July 2020, Page: 95-104
Analyzing the Results of Accounting Evaluation Methods Through Practical Applications
Ibrahim Mert, Business Administration, Istanbul Aydin University, Istanbul, Turkey
Received: Jul. 6, 2020;       Accepted: Jul. 25, 2020;       Published: Aug. 20, 2020
DOI: 10.11648/j.ebm.20200604.14      View  124      Downloads  40
Abstract
Even though different types of accounting evaluation approaches have been discussed in this article, mainly the income-based approach to business evaluation, asset-based approach to business evaluation and practical case evaluation have been analyzed. This article presents the principles of assessment of accounting items as active, external sources and equity and how financial performance is reflected. An important detail in this part of the project is the method of approach in assessing the direct reference to the main base for determining the elements of external sources and equity. In this analysis I have left the rules in the International Accounting Standard Board (IASBF) Framework, which provides tax assessment: historical cost, current cost, realizable value (settlement) and the present value as far as external sources are concerned such as stocks, bonds, and others. Fair value should be added as the basis for evaluation, even if not expressly provided for the general, is often used to IFRS as a basis for evaluating several external sources. I believe that this assessment is not at a crossroads about the theoretical and practical evaluation of most elements of external sources at fair value, including all sources from ordinary activities, which are recognized in the accounts at fair value.
Keywords
Evaluation, Revaluation, Historical Value, Fair Value, Financial Statements, IFRS, Accounting Regulation
To cite this article
Ibrahim Mert, Analyzing the Results of Accounting Evaluation Methods Through Practical Applications, European Business & Management. Vol. 6, No. 4, 2020, pp. 95-104. doi: 10.11648/j.ebm.20200604.14
Copyright
Copyright © 2020 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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