The Current Value Experiences of The Rouse Company, 1973-1989.

Key Points

• To explore the innovative financial disclosure practices of The Rouse Company and the implications of current value accounting.
• Analysis of financial statements from The Rouse Company between 1973-1989
• Investigation of events that led to the adoption of current value disclosures
• Examination of reactions to current value balance sheets
• The Rouse Company championed current value accounting as more relevant than historical cost reporting for real estate.
• Significant events and advocacy efforts contributed to the acceptance of current value disclosures in financial reporting.
• The current value balance sheet prompted varied reactions from stakeholders, reflecting its impact on financial transparency.