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Q: accounting ( Answered,   0 Comments )
Question  
Subject: accounting
Category: Business and Money > Accounting
Asked by: rickyrick-ga
List Price: $2.00
Posted: 28 Oct 2002 14:16 PST
Expires: 27 Nov 2002 14:16 PST
Question ID: 91382
What is value dynamic framework?
Answer  
Subject: Re: accounting
Answered By: bizguy-ga on 28 Oct 2002 14:33 PST
 
Hello!

I think you mean “Value Dynamics Framework.”
It is a way of classifying assets, and is closely related to the idea
of the balanced scorecard.  It was developed by an Arthur Andersen
partner and “Value Dynamics” itself is an Andersen trademark.

“The traditional accounting models suggest that wealth springs
primarily from two sources: physical assets (e.g., plant, property,
equipment and inventory) and capital (cash and investments). Value
Dynamics redefines assets as all potential sources of future economic
benefit that have the capacity to contribute to a company's overall
value. That definition encompasses the realm of intangible assets as
well as assets that are part of the extended value chain, like
suppliers and partners.”
http://www.business-survival.com/articles/startrun/ValueCode.html


More information:

Arthur Andersen:
http://www.arthurandersen.ch/website/web/pdf/ehealthwebstrategy_new%20brand2001.pdf

Financial Executives International
http://www.fei.org/magazine/Exclusives/Libert-4-18-2k1.cfm

I hope that answers your question.  Best wishes.
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