Our Economy Has Changed. Should Our Accounting Standards? Reviewed by Momizat on . With the rise of technology and professional service firms, the U.S. marketplace is shifting from one which supplies goods to one which supplies ideas.  Taryn E With the rise of technology and professional service firms, the U.S. marketplace is shifting from one which supplies goods to one which supplies ideas.  Taryn E Rating: 0
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Our Economy Has Changed. Should Our Accounting Standards?

fair-value-measurementWith the rise of technology and professional service firms, the U.S. marketplace is shifting from one which supplies goods to one which supplies ideas.  Taryn E. Burgess, financial analyst with Mercer Capital, explains there is a growing gap in the balance sheet reflecting this shift from physical assets to intangible ideas.

To read the full article in Mercer Capital’s Financial Reporting Blog, click: Our Economy Has Changed.  Should Our Accounting Standards?


This article is republished from Mercer Capital’s Financial Reporting Blog.  It is reprinted with permission.  To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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