Expection & Performance in the Theory of Income
Up to Now these has not been any clear explanation about the relationship between Income based on discounted future cash flow & Income based on asset Valuation. Some has considered these as two interchangeable concepts which one has the priority over the other. Most of the critical Views express...
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| Format: | Article |
| Language: | fas |
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University of Tehran
1994-06-01
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| Series: | بررسیهای حسابداری و حسابرسی |
| Online Access: | https://acctgrev.ut.ac.ir/article_25853_0b52526377a8181b07d51fde97c5ede0.pdf |
| _version_ | 1811298682142720000 |
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| author | عیسی حسین پناه |
| author_facet | عیسی حسین پناه |
| author_sort | عیسی حسین پناه |
| collection | DOAJ |
| description | Up to Now these has not been any clear explanation about the
relationship between Income based on discounted future cash
flow & Income based on asset Valuation. Some has considered
these as two interchangeable concepts which one has the priority
over the other.
Most of the critical Views expressed in avocation of
discounted cash flow method have presented it as an ideal
accounting system, which may have not have a thorough basis.
Moreover the criticism expressed against the traditional
accounting due to its assumption of "Present Value accounting"
being capable and having series of merits may not seem very
credible. Even some experts imply that in some cases such as
utilization of current value accounting or replacement valuation is
the main reason as for its credibility and soundness, while these
two are based on different basis & background than .the concept
of present value accounting.
It is been argued in this article that the Income and asset
valuation on the basis of present &. actual value concept arid the
positivistic basis are not contradictory or conflicting concept which
in the process of accounting one to be preferred 'for the others.
But the difference is in the domain oftl1eir nature arid
application. The conceptual aspects of these differences have
been dealt in this article. |
| first_indexed | 2024-04-13T06:22:59Z |
| format | Article |
| id | doaj.art-c7eb0f87ceb4479086a033d756aa2e26 |
| institution | Directory Open Access Journal |
| issn | 2645-8020 2645-8039 |
| language | fas |
| last_indexed | 2024-04-13T06:22:59Z |
| publishDate | 1994-06-01 |
| publisher | University of Tehran |
| record_format | Article |
| series | بررسیهای حسابداری و حسابرسی |
| spelling | doaj.art-c7eb0f87ceb4479086a033d756aa2e262022-12-22T02:58:34ZfasUniversity of Tehranبررسیهای حسابداری و حسابرسی2645-80202645-80391994-06-013125853Expection & Performance in the Theory of Incomeعیسی حسین پناهUp to Now these has not been any clear explanation about the relationship between Income based on discounted future cash flow & Income based on asset Valuation. Some has considered these as two interchangeable concepts which one has the priority over the other. Most of the critical Views expressed in avocation of discounted cash flow method have presented it as an ideal accounting system, which may have not have a thorough basis. Moreover the criticism expressed against the traditional accounting due to its assumption of "Present Value accounting" being capable and having series of merits may not seem very credible. Even some experts imply that in some cases such as utilization of current value accounting or replacement valuation is the main reason as for its credibility and soundness, while these two are based on different basis & background than .the concept of present value accounting. It is been argued in this article that the Income and asset valuation on the basis of present &. actual value concept arid the positivistic basis are not contradictory or conflicting concept which in the process of accounting one to be preferred 'for the others. But the difference is in the domain oftl1eir nature arid application. The conceptual aspects of these differences have been dealt in this article.https://acctgrev.ut.ac.ir/article_25853_0b52526377a8181b07d51fde97c5ede0.pdf |
| spellingShingle | عیسی حسین پناه Expection & Performance in the Theory of Income بررسیهای حسابداری و حسابرسی |
| title | Expection & Performance in the
Theory of Income |
| title_full | Expection & Performance in the
Theory of Income |
| title_fullStr | Expection & Performance in the
Theory of Income |
| title_full_unstemmed | Expection & Performance in the
Theory of Income |
| title_short | Expection & Performance in the
Theory of Income |
| title_sort | expection performance in the theory of income |
| url | https://acctgrev.ut.ac.ir/article_25853_0b52526377a8181b07d51fde97c5ede0.pdf |
| work_keys_str_mv | AT ʿysyḥsynpnạh expectionperformanceinthetheoryofincome |