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Value Added Accounting and Performance Evaluations

Name: Value Added Accounting and Performance Evaluations
Brand: LAP Lambert Academic Publishing
SKU: 06883617
Price: 46.47 EUR
Availability: InStock
Author: Nimalathasan Balasundaram
ISBN: 9783846598207

Value Added Statement

Nimalathasan Balasundaram

Language

English

Book Paperback

Libristo code: 06883617

Publishers LAP Lambert Academic Publishing, November 2010

In practice, accounts have traditionally been prepared for shareholders and creditors. The Corporate... Full description

Libristo code: 06883617

112 b

46.47 €

90.89 лв

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In practice, accounts have traditionally been prepared for shareholders and creditors. The Corporate Report indentifies certain other user groups whose fortunes are tied up with the success or otherwise of a company. The report has argued that these groups have a right to information and has also advised to widen the responsibility of significant economic entities to report information relevant to their needs. The value added statement shows the income of an entity and its distribution among the people who contribute in its creation. Thus value added statement reveals the income of a team comprising owners, employees, financiers, and government instead of giving emphasis on showing the income of owners only. In other words, income in value added approach includes rewards of a much wider group than just the shareholders.