Business, Management and Accounting
8 years ago

Financial Crisis Sparks Global Accounting Standards Revision for Fair Value Measurement.

2 views
Keizai keizai
Influence of Financial Crisis on Fair Value Measurement
Changzhu Li

Paper Summary

The financial crisis made people doubt the fair value measurement model, but it still has some benefits. The US and EU changed accounting standards to deal with the crisis. China can learn to improve fair value accounting by adjusting methods in uncertain markets and considering national conditions. It's important to follow fair value trends and regulations to make measurements more reasonable.

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