The Leading eBooks Store Online 4,391,687 members ⚫ 1,493,850 ebooks

New to eBooks.com?

Learn more

The Routledge Companion to Fair Value in Accounting

The Routledge Companion to Fair Value in Accounting by Gilad Livne
Buy this eBook
US$ 67.95
(If any tax is payable it will be calculated and shown at checkout.)

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.

Taylor and Francis; June 2018
346 pages; ISBN 9781317221319
Read online, or download in secure EPUB or secure PDF format
Title: The Routledge Companion to Fair Value in Accounting
Author: Gilad Livne; Garen Markarian
 
Subject categories
ISBNs
9781138656505
9781317221319
9781317221326