What question did this study set out to answer?

The aim is to evaluate the role and impact of the Value Added Statement in the context of British corporate reporting.

The Value Added Statement in Britain.

View Full Paper

Ask AI

Bookmark

Authors

This article examines the Value Added Statement's role in annual reports, suggesting implications for accounting standards.

The aim is to evaluate the role and impact of the Value Added Statement in the context of British corporate reporting.
Analysis of the structure of the Value Added Statement
Comparison with traditional earnings statements
Discussion of advantages and disadvantages
Recommendations for standardization
One quarter of major British companies now include a Value Added Statement in reports.
The government aims to make the Value Added Statement compulsory.
The Statement is deemed useful if standardized.
Calculations should factor in depreciation for accuracy.

Michael F. Morley (1979) studied this question.

View Full Paper

Ask AI

Bookmark