Article ID Journal Published Year Pages File Type
1003712 Accounting Forum 2013 14 Pages PDF
Abstract

The paper presents interview based research directed towards a four part proposition (in bold type), namely, that the accounting recognition of an asset is rights-based, … separable in nature and capable of being measured financially. When combined together the recorded financial picture is one that only purports to represent economic reality. The distinguishing feature from that which is contained in many conceptual frameworks is the centrality of a ‘right to transfer’ an asset in the asset recognition process.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Accounting
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