Write 3 short literature review on three topics- Incentives of Earnings Management- Accounting for...

Question

Write 3 short literature review on three topics

- Incentives of Earnings Management

- Accounting for internally generated intangiables

- Pros and Con for fair value measurement

Needs to be atleast XXXXXXXXXXwords for each topic. APA referencing and in text referencing.

Each literature review must be backed up by 5-10 articles, booksm journals and referenced.

Robert · Accepted Answer

Pros and Cons of Fair Value Measurement: 
Fair Value measurement, is in accordance to the “Statement of Financial Accounting Standards 
No. 157 (FAS-157), Fair Value Measurements, to (1) define fair value, (2) establish a framework 
for measuring fair value in generally accepted accounting principles (GAAP) and (3) expand 
disclosures about fair-value measurements” (FASB 157) 
According to the fair value measurement the company focuses on recoding the value of asset as 
per the estimated market value of the assets and the liabilities. The FASB noted that FAS-157 
emphasizes that fair value is a market-based measurement, not an entity- specific measurement. 
Therefore, a fair-value measurement would be determined based on the assumptions that market 
participants would use in pricing the asset or liability. In addition, the measurement would 
consider attributes specific to the asset or liability, for example, the condition and/or location of 
the asset or liability and restrictions, if any, on the sale or use of the asset at the measurement 
date. 
The fair value measurement is greatly used by the organization because of the deeper and more 
liquid financial markets, reliable timely electronic data and trading, increasing sophisticated 
valuation models for estimating the fair value of the assets,

Write 3 short literature review on three topics - Incentives of Earnings Management - Accounting for internally generated intangiables - Pros and Con for fair value measurement Needs to be atleast...

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