Add to ORKGThe Great Recession has sparked a debate amongst accounting professionals and economic analysts. There has been a concerted effort to blame fair value accounting and FAS 157 as the recession’s root cause and an attempt to challenge FASB to return to the historic cost principle. This paper examines the guidelines and procedures for mark to market as established by FASB, observes the events leading up to the recession, conditions that materialized at the start of the recession, evaluates the role fair value played in the financial crisis, and considers how fair value should be used in the future
The recent financial crisis has led to a major debate about fair-value accounting. Many critics have...
For the last 20 years fair value accounting has considerably extended its domain. Fair value is a pr...
During the recent financial crisis fair value accounting received its share of the blame for the mel...
In current economic conditions, accounting applications seem to face new and complex challenges. Esp...
The financial crisis of 2007-2008 sparked a debate over the usefulness of fair value accounting. Man...
The financial crisis of 2007-2008 sparked a debate over the usefulness of fair value accounting. Man...
In current economic conditions, accounting applications seem to face new and complex challanges. Esp...
In light of the recent economic downfall, there has been significant media coverage on the topic of ...
The accounting industry is in a state of continuous change. In the United States, the historic...
Part of the impetus for fair value accounting – at least in banking – came from the experience of th...
The recent financial crisis has led to a major debate about fair-value accounting. Many critics have...
The accounting industry is in a state of continuous change. In the United States, the historical cos...
The recent U.S. housing bubble was correlated with lax underwriting standards, flawed housing police...
AbstractFair value measurement became pervasive to financial reporting over last 20 years. Under fai...
The recent U.S. housing bubble was correlated with lax underwriting standards, flawed housing police...
The recent financial crisis has led to a major debate about fair-value accounting. Many critics have...
For the last 20 years fair value accounting has considerably extended its domain. Fair value is a pr...
During the recent financial crisis fair value accounting received its share of the blame for the mel...
In current economic conditions, accounting applications seem to face new and complex challenges. Esp...
The financial crisis of 2007-2008 sparked a debate over the usefulness of fair value accounting. Man...
The financial crisis of 2007-2008 sparked a debate over the usefulness of fair value accounting. Man...
In current economic conditions, accounting applications seem to face new and complex challanges. Esp...
In light of the recent economic downfall, there has been significant media coverage on the topic of ...
The accounting industry is in a state of continuous change. In the United States, the historic...
Part of the impetus for fair value accounting – at least in banking – came from the experience of th...
The recent financial crisis has led to a major debate about fair-value accounting. Many critics have...
The accounting industry is in a state of continuous change. In the United States, the historical cos...
The recent U.S. housing bubble was correlated with lax underwriting standards, flawed housing police...
AbstractFair value measurement became pervasive to financial reporting over last 20 years. Under fai...
The recent U.S. housing bubble was correlated with lax underwriting standards, flawed housing police...
The recent financial crisis has led to a major debate about fair-value accounting. Many critics have...
For the last 20 years fair value accounting has considerably extended its domain. Fair value is a pr...
During the recent financial crisis fair value accounting received its share of the blame for the mel...