Fair Value Accounting. Implications for Users of Financial Statements
Bachert K
Zusammenfassung
Fair value accounting is a major feature of financial reporting under IFRS. It is assumed to provide more timely and relevant information for users of financial statements compared to historical cost. Thus, several standards either require assets to be measured at fair value or at least provide an option to fair value measurement. However, the global financial crisis led to a considerable debate about the usefulness of fair values in financial statements. Opponents of the fair value regime argue that fair value measurement of assets and liabilities is potentially misleading, especially when fair values are not derived from active markets.
Publikationstyp
Fachbuch (Monographie)
Begutachtet
Ja
Publikationsstatus
Veröffentlicht
Jahr
2012
Herausgeber
Bachert Kristian
Anzahl der Seiten
289
Band
7
Reihe
Münsteraner Schriften zur Internationalen Unternehmensrechnung
Verlag
Peter Lang
Ort
Frankfurt a. M.
Sprache
Englisch
ISBN
978-3-631-63311-3