Asset Revaluation at Asiana Airlines
Asset Revaluation at Asiana Airlines
백복현(서울대학교); 최선화(서울대학교); 이문영(서울대학교); 임상균(서울대학교)
19권 3호, 335~357쪽
초록
This case is designed for students to analyze the effects of an asset revaluation. In the spirit of the IFRS (International Financial Reporting Standards), the Korean government has recently allowed firms to revalue their assets prior to the adoption of IFRS in 2011. This case examines Asiana Airlines’ asset revaluation and discusses whether the asset revaluation contributes to an increase in firm performance and a decrease in the leverage ratio, thus illustrating a snapshot of the expected effects of the introduction of IFRS in 2011.
Abstract
This case is designed for students to analyze the effects of an asset revaluation. In the spirit of the IFRS (International Financial Reporting Standards), the Korean government has recently allowed firms to revalue their assets prior to the adoption of IFRS in 2011. This case examines Asiana Airlines’ asset revaluation and discusses whether the asset revaluation contributes to an increase in firm performance and a decrease in the leverage ratio, thus illustrating a snapshot of the expected effects of the introduction of IFRS in 2011.
- 발행기관:
- 한국회계학회
- 분류:
- 회계학