Accounting & Business Financehttp://www.brighthub.com/office/finance.aspxenMarket Value versus Book Value: Time since Acquisitionhttp://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 Financial statements are historical documents that show what a company looked like at one point in time in the past.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...Understanding the Balance Sheet Identity in Accountinghttp://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...