Accounting Models For Equity Valuation
The valuation of equity is an active area of research. Though financial models for the valuation of equity exist, a pragmatic application of these financial theories necessitates the use of pro forma accounting. This suggests that perhaps financial models must incorporate a knowledge of accrual accounting practices. Accounting models of valuation incorporate accrual accounting. This paper, therefore, deals with important accounting-based valuation constructs and models.Abstract
Contributor Notes
Punit Anand is a graduate student, Faculty of Business Administration, at Memorial University of Newfoundland, Newfoundland and Labrador, Canada. E-mail: c39pa@mun.ca. This work was supervised by Dr. Alex Faseruk, professor of finance, Faculty of Business Administration Memorial University of Newfoundland, Newfoundland and Labrador, Canada.