... accounting and value relations CSR, NIR, FAR,OAR, and PVR, unbiased accounting obtains if, and only if.j] = Ef\ I R';Ef+T{Cf^T+t] asor, equivalently.1JValuation and Clean Surplus Accounting ... (i.e., in financial assets).Expression (b) follows directly from PVR and (4), which dependsonly on CSR. The distinction between financial and operating assets isirrelevant, as are NIR and any ... to current accounting numbers.A dynamic linear information modelWe continue to distinguish between financial and operating activities.Since we assume perfect accounting for the financial activities,...