Economics, Econometrics and Finance
8 years ago

Fair Value Accounting: How It Contributed to the Financial Crisis

3 views
Journal of Islamic and Human Advanced Research
Fair Value Accounting and the Financial Crisis
Faris Suod Alqadi

Paper Summary

Fair value accounting prices assets and liabilities at their current market value to show their worth. This method aims to reflect the future cash flow value of these assets or liabilities. Changes in fair value are recorded as gains or losses in the income statement. When market prices determine fair value, it is known as mark-to-market accounting.

Related papers

Business, Management and Accounting
8 years ago

Financial Accounting Shift to Fair Value Measurement Could Impact Global Economy

Accounting Theory
EU Tax Law
Value-based Management
2 views
Business, Management and Accounting
4 years ago

Fair value revolutionizes financial accounting, shaping modern enterprise management.

Value-based Management
3 views
Business, Management and Accounting
4 years ago

Fair value accounting boosts market transparency and investor confidence in Romania.

Value-based Management
Earnings Management
3 views