ERIC Number: EJ453061
Record Type: CIJE
Publication Date: 1992
Reference Count: 0
Cost vs. Market Value: The Case for Reporting Endowment Investments at Market Value.
Business Officer, v26 n5 p40-44 Oct 1992
The difference between cost and market value of endowment investments is significant for many colleges and universities. These investments should always be reported at market value to provide relevant, comparable, consistent, and understandable financial information. Nonmanagement users of institutional financial statements prefer market rather than cost valuations. (MSE)
Descriptors: College Administration, Costs, Endowment Funds, Higher Education, Information Dissemination, Investment, Recordkeeping
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Journal Articles; Reports - Evaluative; Opinion Papers
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A
Note: Journal availability: see HE 530 461.