Accounting measurement at fair value in the conditions of financial crisis

The subject of the paper is role fair value, as one accounting measurement attributes (measurement basis) assets and liabilities in statement financial position, conditions crisis, based on experience with global crisis which appeared 2008 US sector, later spilled over into real sector that country, well as, to a greater or lesser extent, rest world. has stimulated discussions scientific professional community about usefulness using value impact this attribute appearance widening crisis. aim consider application occurrence mentioned Qualitative research methodology review relevant literature field been applied. A available us shown there no unique attitude 2008. In sense, opinions range from played little opinion it may have contributed acceleration was its main causes should be suspended. It certain cannot declared only causer, causer. Inadequate banking practices, risky behaviour markets participants, inconsistent insufficiently coordinated macroeconomic policies, inadequate structural reforms omission credit rating agencies dominantly caused spread.