Book Description:
ISBN-13: 9781137448255
Fair Value Accounting: Key Issues Arising from the Financial Crisis is a comprehensive examination of the role of fair value accounting in the global financial crisis of 2008. The book delves into the complexities of fair value accounting and its impact on financial institutions, investors, and regulators during times of economic turmoil.
The authors explore the challenges and controversies surrounding fair value accounting, including its role in exacerbating the financial crisis and its implications for financial reporting and decision-making. They also discuss the potential benefits of fair value accounting, such as increased transparency and market efficiency.
Through a series of case studies and empirical research, the book provides insights into the practical implications of fair value accounting for financial institutions and investors. It also offers recommendations for improving the use of fair value accounting in the future to prevent another financial crisis.
Fair Value Accounting: Key Issues Arising from the Financial Crisis is a valuable resource for academics, researchers, and professionals in the fields of accounting, finance, and banking. It offers a thorough analysis of fair value accounting and its impact on the financial industry, making it essential reading for anyone interested in understanding the complexities of financial reporting and regulation.
This edition retains the full content with the added advantage of portability, allowing readers to easily access and engage with the material from any device, whether in a classroom or during fieldwork.