On the conceptual underpinnings of fair value accounting
نویسندگان
چکیده
منابع مشابه
Fair value accounting and the present value fallacy: The need for an alternative conceptual framework
The major functions of company accounting identified by the IASB and the FASB are (1) reporting on ‘the custody and safekeeping’ of the company’s resources and (2) reporting on ‘their efficient and profitable use’. The joint IASB/FASB project for improving the conceptual framework for financial reporting is directed towards better performance of both functions within the conventional ‘accrual’ ...
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The purpose of this study was to investigate the effect of managers' optimism and riskseeking level on investment selling decisions with emphasis on fair value accounting. The requirement to apply International Financial Reporting Standards and third-level discretion of fair value requires to review the behavior of managers regarding the effect of the level of optimism and their riskseeking on ...
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Changes in credit risk may arise when either the value or the risk of corporate assets changes. Changes in the equity value associated with the changes in the asset value and changes in asset risk can be characterized into potentially countervailing direct and indirect effects. The indirect effect of risk on equity value is a function of factors that affect the debt value of including leverage,...
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The federal government supports some private activities—such as home ownership, postsecondary education, and certain commercial ventures—through credit assistance offered to individuals and businesses. Some of that assistance is in the form of direct federal loans, and some is through federal guarantees of loans made by private financial institutions. At the end of fiscal year 2011, about $2.7 ...
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The research on organizational semiotics deals predominantly with the question of how to bring the notion of information to bear on semiotically conceived accounts of human organizations. In this talk, I take up what I perceive as some of the key theoretical and conceptual elements involved in this endeavour. I will assess their status from the points of view of philosophy of science and Peirce...
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ژورنال
عنوان ژورنال: Ekonomski horizonti
سال: 2017
ISSN: 1450-863X,2217-9232
DOI: 10.5937/ekonhor1701045k