Accounting as a key tool in business and asset valuation
DOI:
https://doi.org/10.63618/omd/ssjm/v1/n3/17Keywords:
financial accounting, business valuation, intangible assets, fair value, ESG indicatorsAbstract
In a globalized economic context where accurate valuation of companies and assets is critical for strategic decision making, this study analyzes the role of accounting as a key tool in such processes. Through a systematic literature review of scientific literature indexed between 2008 and 2024, the article examines the main theoretical, methodological and normative approaches that link accounting with the estimation of economic value, identifying strengths, limitations and emerging trends. The findings show that, although accounting provides essential inputs for financial and equity models, it faces significant restrictions regarding the recognition of intangible assets and subjectivity in accounting estimates. It also highlights the incorporation of ESG indicators and the advance of fair value as alternatives to enrich financial information. It is concluded that accounting should evolve towards a more holistic approach, capable of integrating intangible, social and strategic dimensions of corporate value.
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Copyright (c) 2023 Chiluisa-Chuquitarco, Katia Paulina (Autor/a)
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