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wqd57d · 2018年04月16日

问一道题:NO.PZ2017102901000024 [ CFA I ]

这道题没看懂考的概念

问题如下图:

选项:

A.

B.

C.

解释:

1 个答案

竹子 · 2018年04月17日

这一题问的是为什么账面的equity不等于equity的市场价值。

原因有几个,首先资产负债表上,有的资产和负债用的历史成本,有的用的公允价值,那么equity=asset-liabiity就是一个混合项,它包含了历史成本和公允价值。

其次,就算有的资产和负债用的是公允价值,这个公允价值也只有报表日的时候会update,在两个报表日之间公允价值的变动不会在报表中体现。

还有,有些因素会影响equity的市场价值,但并没有在报表中体现,比如声誉、管理层的能力等

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