Abstract

SOSAMORA, Eduardo. Hybridization of valuation models in measuring assets under International Financial Reporting Standards (IFRS). Tec Empre. [online]. 2016, vol.10, n.2, pp.29-40. ISSN 1659-3359.  http://dx.doi.org/10.18845/te.v10i2.2653.

Accounting measurement is the process to establish the monetary values to represent the elements of the financial statements. It is possible to think that this process is supported by a widely accepted theory of the value that provides conceptual and epistemological foundation. However, this is not so in Accounting theory and standards, in which have been proposed and used −and also combined and alternated− models of measurement that do not necessarily capture the same aspects of the economic reality of the business, and that even present opposed value theories.

Currently, the amounts to measure the assets in the companies' balance sheets are the result of a hybridizationof diverse measurement models, which makes the statementa heterogeneous mix of different aspects of the entitieseconomic realities.

This article presents a theoretical dissertation aboutthe coexistence of different models for the measurementof assets used by International Standards of Financial Reporting(IFRS), and their effects on the comparability offinancial information and the recognition of gains and lossesarising from the processes of accounting measurement.

Keywords : Value; theory of value; accounting measurement; measurement model; cost; fair value.

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