Fair Value Accounting. Implications for Users of Financial Statements


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
Buch (Sammel-, Herausgeberband)

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.

ISBN
978-3-631-63311-3