Revaluation of Fixed Assets and Reported Earnings in Selected Philippine Firms

  • Erlinda S. Echanis U.P. Ceasar EA Virata School of Business
  • Arthur S. Cayanan U.P. Ceasar EA Virata SChool of Business

Abstract

The authors estimated the impact on Earnings Per Share of revaluations of fixed assets in three listed Philippine corporations.  The authors conclude that the Statement of Financial Accounting Standards (SFAS) No. 12 governing such revaluations may be inadequate in providing important information for the investing public.  The authors also note apparent violations of SFAS No. 12 procedures and disclosure requirements and recommend greater vigilance on the part of regulatory bodies. 

Published
2016-09-01
How to Cite
ECHANIS, Erlinda S.; CAYANAN, Arthur S.. Revaluation of Fixed Assets and Reported Earnings in Selected Philippine Firms. Philippine Management Review, [S.l.], v. 3, sep. 2016. Available at: <http://ovcrd.upd.edu.ph/pmr/article/view/5350>. Date accessed: 11 dec. 2018.
Section
Articles