Business, Management and Accounting
8 years ago

Fair Value Accounting: Unfair Impact on Economic Stability Revealed!

2 views
Communications in computer and information science
Rational Thoughts of Fair Value and Governance Research in Accounting
Pengfei Zhao

Paper Summary

The article discusses how fair value accounting can be misleading during financial crises. It argues that fair value is not always fair, leading to economic ups and downs. Despite its flaws, fair value accounting provides valuable information to investors and should be improved through better standards and supervision.

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