A new form of accounting statement - the value added statement - is gaining popularity in the corporate annual reports of the largest companies in the UK. This statement can be viewed as a modified version of the income statement because, like the income statement, the value added statement reports the operating performance of a company at a given point in time, using both accrual and matching procedures. Unlike the income statements, however, it is interpreted not as a return to shareholders but as a return to the larger group of capital and labour providers. The author shows that the value added statement can be easily derived from the income statements and is therefore easily adaptable to the needs of US companies. To illustrate the usefulness of the value added statements, this book devotes the first chapter to a thorough discussion of its many benefits. The book then analyses the usefulness of the value added statement in understanding the characteristics of corporate takeovers in the US.
Author Biography:
AHMED RIAHI-BELKAOUI is Professor of Accounting at the College of Business Administration, University of Illinois at Chicago, and Chairman of the Cultural Studies and Accounting Research Committee, American Accounting Association (Internal Accounting Section). He is also a member of the editorial board of several professional journals and is the author of sixteen previous Quorum books and co-author of two more.
Choose a destination to see accurate shipping times, delivery options, pricing and product availability.
Afterpay logo
Shop now. Pay later. Always interest‑free.
Swing through the checkout with Afterpay.Get your order now, pay in four fortnightly payments.
Afterpay offers simple payment plans for online shoppers, instantly at checkout.Buy what you want today, pay for it over time. Interest free, with no additional fees if you pay on
time.
1
Select Afterpay as your payment method
Use your existing payment card
2
Complete your checkout in seconds
No long forms, instant approval
3
Get your items just as fast as always
Your order ships straight away
4
Pay over four payments, interest free
Enjoy now, pay later
How it works
Simply select Afterpay as your payment method in the checkout or when picking up your items from the Mighty Ape distribution centre,
and enter your details at Afterpay to complete your order
Your payment schedule will be shown in the checkout, and emailed to you
If you are a new Afterpay customer, the first payment will be made at the time of purchase, with
remaining payments over the next 6 weeks
Once you have been an Afterpay customer for 6 weeks, on subsequent orders you may be eligible to
make your first payment in 14 days, with final payment in 8 weeks
If you need to return your items for a refund, the payment plan can be cancelled
If you fail to make a payment, you will be charged a late payment fee of $10 with a further $7
fee added 7 days later if the payment is still unpaid