Financial statements: Uses and limitations of valuation

• Main Authors: HO, Yew Kee, SUWARDY, Themin, KEUNG, Edmund
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Financial statements; valuation of investments; valuation of companies; intangible assets; Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1947
• Institution: Singapore Management University

Valuation plays a crucial function in the capital markets. Investors want to know the value of the investments, assets and liabilities under their stewardship. In the course of valuation, companies are dependent on the availability of value-relevant information such as financial statements.