1. What are the Valuing Distressed and Impaired Businesses? 2. What are the impact on Business valuation? 3. What are the valuation of distress assets? 4. What is the differences between methodologies like liquidation value and adjusted book value?

Explain the concept of conservatism in accounting

Explain the concept of conservatism in accounting. How does the principle of conservatism affect the valuation of assets and liabilities?

Financial Accounting ‏

Financial Asset at Fair Value under OCI would have its gain or loss reported at what Financial Statement?   Income Statement Cash Flow Changes in Owners Equity Balance Sheet

How do you find gross profit in financial accounting?

INSTRUCTIONS Answer the following questions. 1. Define elements of financial statements. 2. Explain why there are no elements unique to the statement of changes in equity? 3. What is the meaning of "recognition" of the elements of financial statements? 4. Explain future economic benefit. 5. Distinguish income, revenue and gain.

Explain in detail the difference between accounting value and market value.

Which of the following types of information is not found in financial statements? *

What is the best accounting method?