Including Estimates of the Future in Today's Financial Statements
Preprint
- 1 January 2006
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
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, bKeywords
All Related Versions
This publication has 3 references indexed in Scilit:
- Do firms understate stock option-based compensation expense disclosed under SFAS 123?Review of Accounting Studies, 2006
- The relevance of the value relevance literature for financial accounting standard setting: another viewJournal of Accounting and Economics, 2001
- Accruals and the Prediction of Future Cash FlowsThe Accounting Review, 2001