财务会计理论(司可脱)PPT文件07_scott_im_ch07.pptVIP

Chapter 7Measurement Perspective Applications Measurement Perspective Examples Accounts Receivable and Payable Capital Leases Lower-of-Cost-or-Market Rule Inventories Temporary investments N.B. No subsequent writeup if market value improves—partial application Examples, Cont’d. Ceiling Tests 2-stage procedure Impaired? If so, write down to fair value No subsequent writeup if asset value improves—partial application Post-Employment Benefits Expected present value of benefits earned Expense reduced by earnings on plan assets Reliability of estimates? Choice of discount rate Examples, Cont’d.