Rola sprawozdań finansowych w szacowaniu wartości przedsiębiorstwa w świetle założeń koncepcyjnych Rady Międzynarodowych Standardów Rachunkowości

Purpose – the paper’s main objective is to examine the role and utility of information disclosed by companies in financial reports in the estimation of company value, in the light of the conceptual framework adopted in the formulation of the International Financial Reporting Standards. Design/Methodology/approach – the research objective is addressed through the use on analytical evaluation of international and EU regulations that apply to financial reporting and studies of professional literature on accounting and finance management. Findings – the paper identifies those aspects of international regulations and standards of general-purpose financial reports which influence the valuation of those elements of financial reports which are used in the estimation of company value in asset-based and income-based business valuations. Originality/value – the research value of solutions presented in the paper lies chiefly in the emphasis of quality of information disclosed in financial reports as a major determinant of the reliability of business valuations derived from such reports.