The FASB and IASB (2005 p.12) state:The long standing unresolved controversy about which measurement
attribute to adopt particularly between historical price and current price
measures and the unresolved puzzle of unit of account are likely to make measurement
one of the most challenging part of this projectProvide an explanation of hwy measurement will be one of the
most challenging components of the conceptual framework being jointly developed
by the FASB and the IASB.
The FASB and IASB (2005 p.12) state:The long standing unresolved controversy about which measurement attribute to adopt particularly between historical price and current price measures and the unresolved puzzle of unit of account are likely to make measurement one of the most challenging part of this projectProvide an explanation of hwy measurement will be one of the most challenging components of the conceptual framework being jointly developed by the FASB and the IASB.
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