THE RATE OF RETURN FROM INTERIM FINANCIAL REPORTS AND THE ALLOCATION PROBLEM IN FINANCIAL ACCOUNTING
Date of Original Version
Estimation theory in accounting explains how accountants allocate noncash expenditures to estimate such concepts as the firm's long run rate of return. If the accountant's goal in estimation is some high degree of precision, the usefulness of financial reports can be evaluated in light of that goal. In this study, the property of unbiasedness is identified with respect to the purposes of interim financial reports. Furthermore, the magnitude of the bias in estimates from financial reports is measured. Copyright © 1983, Wiley Blackwell. All rights reserved
Journal of Business Finance & Accounting
Jarrett, Jeffrey. "THE RATE OF RETURN FROM INTERIM FINANCIAL REPORTS AND THE ALLOCATION PROBLEM IN FINANCIAL ACCOUNTING." Journal of Business Finance & Accounting 10, 2 (1983): 289-298. doi:10.1111/j.1468-5957.1983.tb00429.x.