| Variables | Description |
|---|---|
| Reporting period: (RP) | It represents period of time for which companies prepared their financial reports |
| Method of deprecation: (MOD) | It denotes the methods various companies use to depreciate their assets |
| Inventory valuation method: (IVM) | It signifies how the selected companies determine the value of their various inventories |
| Assets valuation method: (AVM) | It represents how the selected companies present their assets on the balance sheet except inventories |
| Steps in presentation: (SOP) | It represents various headings under which various financial and nonfinancial items are presented |
| Variables | Description |
|---|---|
| Reporting period: (RP) | It represents period of time for which companies prepared their financial reports |
| Method of deprecation: (MOD) | It denotes the methods various companies use to depreciate their assets |
| Inventory valuation method: (IVM) | It signifies how the selected companies determine the value of their various inventories |
| Assets valuation method: (AVM) | It represents how the selected companies present their assets on the balance sheet except inventories |
| Steps in presentation: (SOP) | It represents various headings under which various financial and nonfinancial items are presented |