Value added reporting has achieved better recognition in theory, practice and research. In practice, it is popular form of reporting for most innovative foreign multinationals and is mandatory form of reporting in most countries. Most of the developing countries are either using value added reporting or considering it. In research, value added reporting has been examined in terms of its relevance to capital market research and predictive ability of research. This book will be of interest to executives in multinational firms, practising accountants, researchers and students in international accounting and accounting theory.