http://www.brighthub.com/office/finance.aspxenhttp://www.brighthub.com/office/finance/articles/19317.aspxMon, 21 Sep 2009 19:15:49 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19317johngBook values and market values of liabilities can differ when a company is experiencing financial distress. Investors must be able to properly value liabilities under this condition. Financial statements are historical records of a company’s position at some point in the past. By the time financial statements are made public, changes in various econ...http://www.brighthub.com/office/finance/articles/19314.aspxMon, 21 Sep 2009 19:15:21 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19314johngJust like assets, the book value of a liability can differ from its market value. Usually this discrepancy is smaller and less important. Since financial statements are historical records, they represent what a company was at a point in the past. However, the value of a company’s assets and liabilities are constantly changing in reaction to market ...http://www.brighthub.com/office/finance/articles/19313.aspxMon, 21 Sep 2009 19:14:51 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19313johngThe values of intangible assets can be much more variable than tangible assets. This variability increases the likelihood of a discrepancy between book and market values. Financial statements are historical documents that show what a company was worth at one point in time. Because of standard accounting practices, an asset must be recorded at the v...http://www.brighthub.com/office/finance/articles/19312.aspxMon, 21 Sep 2009 19:12:55 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19312johngLiquidity affects the discrepancy between the book and market value of an asset. Lower liquidity means lower value. Financial statements provide snapshot summaries of a company’s financial position. This snapshot is always from a historical perspective because even by the time the statements are published, market conditions and other factors have c...http://www.brighthub.com/office/finance/articles/19310.aspxMon, 21 Sep 2009 19:12:18 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19310johngInflation can have a large impact on the discrepancy between an asset’s book and market value. Inflation is another lesson in the time value of money. Calculating Inflation Financial statements provided by a company are nothing more than historical documents that indicate the financial position of the company at some time in the past. Fast-ch...http://www.brighthub.com/office/finance/articles/19309.aspxMon, 21 Sep 2009 19:10:36 GMTb133e95a-c263-4882-8f2a-b24547eff78e:19309johngOne of the reasons there is a discrepancy between the market and book value of an asset is the time since its acquisition. Wise investors can spot and value this difference well. Financial statements are historical documents that show what a company looked like at one point in time in the past. The problem with this historical perspective is that m...http://www.brighthub.com/office/finance/articles/18891.aspxMon, 21 Sep 2009 19:07:16 GMTb133e95a-c263-4882-8f2a-b24547eff78e:18891johngGenerally Accepted Accounting Principles have been established so financial records and reporting by companies are fair and accurate. Accounting and Finance are complicated subjects. Coupled with the complexity of large organizations, the need for accurate and fair accounting practices is an important consideration for multiple stakeholders. Withou...http://www.brighthub.com/office/finance/articles/18364.aspxMon, 21 Sep 2009 18:58:46 GMTb133e95a-c263-4882-8f2a-b24547eff78e:18364johngAccounting statements provide an accurate view of an organization at any given point in time. Understanding them requires some special knowledge of common accounting practices. A statement of cash flows is an accounting tool used to accurately reflect actual money flowing into an organization. By itself, the income statement is an inadequate measur...http://www.brighthub.com/office/finance/articles/16013.aspxThu, 20 Aug 2009 20:32:09 GMTb133e95a-c263-4882-8f2a-b24547eff78e:16013johngThe balance sheet identity is one the most elementary lessons of accounting. However, students learning introductory accounting often find it difficult to grasp in its standard form. The balance sheet of a firm is a snapshot of a company’s financial situation at one point in time and is made up of three parts: the company’s total assets, liabilitie...http://www.brighthub.com/office/finance/reviews/715.aspxThu, 24 Jan 2008 18:50:19 GMTb133e95a-c263-4882-8f2a-b24547eff78e:715chrisMicrosoft Money Plus Premium has its work cut out to impress me. I'm a Microsoft SBA (Small Business Accounting 2006) consultant, and I even helped write the CPA Competency Exam, so it's fair to say I have a particular interest in reviewing Microsoft Money Plus. Introduction Microsoft Money Plus Premium is an offering of importance ...