Abstract

This is February 2020 book draft on the subject of Economic Measurements. It introduces the subject matter as well as provides coverage and discussion of the 4 principal areas in the discipline of Economic Measurements: the Investment-Financial Valuation, the Professional Valuation, the Assessment of Efficiency of Investment Projects, as well as the Accounting Measurements. Some structural highlighths of the book are as follows: -the subject of Accounting Measurements introduces the discussion of procyclicality of fair values and identifies 2 positive-feedback contours of such procyclicality. - the Subject of Professional Valuation is treated through the prism of valuation bases introduced by the International Valuation Standards (IVSs) using a Venn-diagramatic approach tool; a discussion of theoretical advancements within the Professional Valuation is organized on the basis of TAPA (the Transactional Asset Pricing Approach developed by Dr. V. Michaletz and the author) and some aspects of historic and insitutional analysis. -Some areas of business valuation are covered in a discussion of the Investment-Financial valuation, including its going-concern premise, and the need to incorporare an explicit accountal for the default risks. The book's organizing idea is in discussing the often-elusive nexus between the money and value and treating market prices as an admixture of fundamental components and liquidity effects.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.