why do valuation methods and accouting policies differ between companies?

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why do valuation methods and accouting policies differ between companies?

2006-12-03 08:46:51 · 3 answers · asked by kishanpatel03 1 in Business & Finance ➔ Other - Business & Finance

3 answers

Because they deal in different types of products and do business in varying ways

2006-12-03 08:49:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Valuation methods are simply models, not all models work equally well in all circumstances. Policies are the method of implementing models and specifications on which models and assumptions to use. There does not exist a universal model of reality.

2006-12-03 16:55:46 · answer #2 · answered by OPM 7 · 0⤊ 0⤋

different variables

2006-12-03 16:59:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋