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The Routledge Companion to Fair Value in Accounting

Engelsk Paperback
SPAR
kr 85

The Routledge Companion to Fair Value in Accounting

Engelsk Paperback

The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the current value of assets and liabilities. Critics of fair value argue that it is less useful over longer time frames and prone to distortion by market inefficiencies resulting in procyclicality in the financial system by exacerbating market swings.



Comprising contributions from a unique mixture of academics, standard setters and practitioners, and edited by internationally recognized experts, this book, on a controversial and intensely debated topic, is a comprehensive reference source which:







  • examines the use of fair value in international financial reporting standards and the US standard SFAS 157 Fair Value Measurement, setting out the case for and against






  • looks at fair value from a number of different theoretical and practical perspectives, including a critical review of the merits and arguments against the use of fair value accounting






  • explores fair value accounting in practice, involvement in the Great Financial Crisis, implications for managerial reporting discretion, compensation and investment




This volume is an indispensable reference that is deserving of a place on the bookshelves of both libraries and all those working in, studying, or researching the areas of international accounting, financial accounting and reporting.

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The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the current value of assets and liabilities. Critics of fair value argue that it is less useful over longer time frames and prone to distortion by market inefficiencies resulting in procyclicality in the financial system by exacerbating market swings.



Comprising contributions from a unique mixture of academics, standard setters and practitioners, and edited by internationally recognized experts, this book, on a controversial and intensely debated topic, is a comprehensive reference source which:







  • examines the use of fair value in international financial reporting standards and the US standard SFAS 157 Fair Value Measurement, setting out the case for and against






  • looks at fair value from a number of different theoretical and practical perspectives, including a critical review of the merits and arguments against the use of fair value accounting






  • explores fair value accounting in practice, involvement in the Great Financial Crisis, implications for managerial reporting discretion, compensation and investment




This volume is an indispensable reference that is deserving of a place on the bookshelves of both libraries and all those working in, studying, or researching the areas of international accounting, financial accounting and reporting.

Produktdetaljer
Sprog: Engelsk
Sider: 346
ISBN-13: 9780367656133
Indbinding: Paperback
Udgave:
ISBN-10: 0367656132
Kategori: Finansregnskaber
Udg. Dato: 30 sep 2020
Længde: 28mm
Bredde: 173mm
Højde: 243mm
Forlag: Taylor & Francis Ltd
Oplagsdato: 30 sep 2020
Forfatter(e):
Forfatter(e)


Kategori Finansregnskaber


Sprog Engelsk


Indbinding Paperback


Sider 346


Udgave


Længde 28mm


Bredde 173mm


Højde 243mm


Udg. Dato 30 sep 2020


Oplagsdato 30 sep 2020

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