Fair Value Accounting: Current Status And A Proposal For Convergence

Autor:	Henry Soto, Pamela J. Tucker, Reuben Cohen, Gail Wright, Ara Volkan, Catherine Baluch
Rok vydání:	2011
Předmět:	medicine.medical_specialty Actuarial science Mark-to-market accounting business.industry Fund accounting Accounting Accounting standard Positive accounting Accounting identity Throughput accounting Fair value medicine Business Market value
Zdroj:	International Business & Economics Research Journal (IBER). 10:17
ISSN:	2157-9393 1535-0754
DOI:	10.19030/iber.v10i4.4180
Popis:	Accounting for fair values is a complex subject full of controversial recognition, measurement, and reporting rules. This paper first analyzes the current status of fair value accounting, highlighting the criticisms of the current fair value accounting standards. Next, the U.S. and international standards are discussed to highlight the areas where they differ. Finally, an accounting approach for fair values is proposed that reports the economic reality and the financial condition of a firm and may be used to achieve global convergence.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::8680ebc41f7d7144a953c1ae77bcd4cb https://doi.org/10.19030/iber.v10i4.4180 Zobrazit plný text záznamu