Measurement: A Way Forward

19 Pages Posted: 8 Mar 2004

See all articles by R. G. Walker

R. G. Walker

affiliation not provided to SSRN

Stewart Jones

University of Sydney – School of Business


Australia has a long tradition of using methods of valuation which depart from the traditional 'historical cost' model - and this has steadily been reflected in regulatory requirements and practices for different industries. However, while many forms of market value accounting have been introduced into a variety of accounting standards, the Australian Accounting Standards Board's conceptual framework (CF) has not led these changes, nor provided any substantive guidance on measurement issues. This article suggests criteria that can be used to select among accounting measurement alternatives.

Suggested Citation

Walker, R. G. and Jones, Stewart, Measurement: A Way Forward. Abacus, Vol. 39, pp. 356-374, October 2003. Available at SSRN:

R. G. Walker (Contact Author)

affiliation not provided to SSRN

No Address Available

Stewart Jones

University of Sydney – School of Business ( email )

Cnr. of Codrington and Rose Streets
Sydney, NSW 2006

Register to save articles to
your library


Paper statistics

Abstract Views
PlumX Metrics