# Ch 2: Financial Valuation, Recognition & Measurement

Demonstrate whether you understand financial valuation, recognition, and measurement by reviewing the learning materials of this chapter. You can identify the extent of your knowledge with these accounting concepts by going through each lesson and answering the connected lesson quizzes.

## Financial Valuation, Recognition & Measurement - Chapter Summary

In this chapter, you'll get to go over all of the concepts related to financial valuation, recognition, and measurement strategies. Our instructors provide insight on various accounting approaches, mathematical formulas, and standard methodologies. Each lesson addresses a specific topic, giving you a step-by-step overview full of definitions, keywords, and examples. After you complete the chapter, you should be prepared to do the following:

• Point out examples of asset approach valuation
• Review stock purchases accounting and the steps for issuing a stock
• Offer examples of dividend payments and cash dividends
• Show the accounting formula and methods for treasury stock
• Determine the difficulties in measuring equities, liabilities, and assets
• Establish the process and principles of revenue recognition
• Outline approaches to income measurement
• Evaluate IFRS as compared to GAAP

Some of the lessons available in this and other chapters are in the form of short articles. These lessons read like expertly crafted notes, but livelier and with well-thought-out examples. You can clearly see the major concepts for each lesson, as they are indicated by the larger headers. Words that are set off in bold or italics are usually vocabulary words, definitions, or key concepts. Visual aids, such as pictures, graphics, and formulas, further demonstrate these accounting concepts.

At the end of each lesson is a short lesson summary. If you feel you are familiar with these topics and you just need a quick recap, sometimes skipping down to the lesson summary is a good way to start out each lesson. After all, if you know the information, the lesson summaries will hit on all the key vocab words and concepts that you should already understand. If anything in the lesson summaries isn't familiar, you can always scroll up to re-examine the lesson materials.

7 Lessons in Chapter 2: Financial Valuation, Recognition & Measurement
Test your knowledge with a 30-question chapter practice test
Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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