Naslov
Influence of the Accounting Models of Measurements at Historical Cost and Fair Value on the Quality of Financial Statements

Autori
Gulin, Danimir ; Hladika, Mirjana ; Mićin, Marina

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
The Publications of the MultiScience - XXIX. microCAD International Multidisciplinary Scientific Conference / - Miskolc : University of Miskolc, 2015

ISBN
978-963-358-061-5

Skup
XXIX. microCAD International Multidisciplinary Scientific Conference

Mjesto i datum
Miskolc, Mađarska, 09.04.2015. - 10.04.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
historical cost; fair value; IFRS; quality of financial statements

Sažetak
In the practice are applied two basic models of measuring assets and liabilities: the historical cost model and the fair value model. For the past two decades, the practice of measuring assets and liabilities at estimates of their current or fair value has been pronounced and on the ascent, while there is evident a major departure from traditional model of historical cost. Discussion of the advantages of one model over the other are relating to the question of whether the accounting information should be relevant or reliable. This study investigates the key characteristics and determinants of fair value model and historical cost model. Also, the study analyzes the impact of different model of measurement of assets and liabilities on the quality of financial statements.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA