The Value Added Statement: An Investigation of Some Accounting Issues Nadir

Course ID
Ethiopian Economics Association (EEA)
Mosaad M. El-Sharkawy

It may say that value added has no single and precise definition that can be universally accepted. However, there is a general agreement with regard to the concept of value added, i.e., it measures the wealth created by a business or industry. Both the economist’s model and the Corporate Report assume that individual measures of value added, made by each firm should be able to be summed to equal the aggregate value added generated within the economy during a specific period of time. As a matter of fact, both the economist’s model and The Corporate Report have either ignored or dealt, in a very primitive and simple way, with the accounting issues arising in the preparation of the value added Statement (VAS).Therefore, the major theme of this article is to highlight some key accounting problems that must be overcome before the preparation of the VAS. By doing so the VAS can be regarded as a useful accounting toll in both social and financial reporting, especially when Calculating the value Added at the national level. Otherwise, it will not be more than a cosmetic rearrangement of the profit and loss account

Corporate Author:Ethiopian Economic Association/Ethiopian Economic Policy Research Institute (EEA/EEPRI)
Publisher:Ethiopian Economic Association (EEA)
Primary Descriptors:Value added -Accounting

Secondary Descriptor:
Cataloge Date:03/02/2013
Broad Subject heading:Financial statements
Call Number:330.05 ETH JOU
Serial Key Title:Ethiopian Journal of Economics
Publication catagory:Ethiopian Journal of Economics
Content type:EEA Publication
Year:April , 1994
Publication date:1994-03-02 00:00:00
Forum or Discussion date:2013-03-02 00:00:00
PDF file: Mosaad M ElSharkawy_The Value Added Statement.pdf
Place of publication:Addis Ababa, Ethiopia
Type of material:Serial (Journal)
Current frequency:Semiannual
Author: Mosaad M. El-Sharkawy

Upcoming Events


Call For Paper 18 International Conference

8:00 am - 8:00 amEEA Head Office

Ethiopian Journal of Economics

8:00 am - 5:00 pmEEA Head Office

Ethiopia’s Homegrown Economic Reform Agenda

8:00 am - 5:00 pmIntercontinental Hotel

Tenth Annual Conference

8:00 am - 5:00 pmHomeland hotel conference hall