Fair Value Accounting : Key Issues Arising from the Financial Crisis
by
E. Menicucci
Book Details
Format
Hardback or Cased Book
ISBN-10
1137448253
ISBN-13
9781137448255
Publisher
Palgrave Macmillan
Imprint
Palgrave Pivot
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 22nd, 2014
Print length
121 Pages
Weight
304 grams
Dimensions
14.70 x 22.00 x 1.20 cms
Ksh 8,100.00
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The 2008 financial crisis has turned a spotlight on the role of financial reporting in periods of economic downturn. In analysing the financial crisis, many commentators have attributed blame to fair value accounting (FVA) because of the pro-cyclical effect it potentially introduces in banks' financial statements.
This book discusses how FVA affects financial reporting during the 2008 Financial Crisis.
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