Fixing fair value accounting
The concept of fair value accounting was introduced in 1993 to make financial statements easier to compare and balance sheets more reflective of real values. This article discusses the true consequences of fair value accounting and its impact on the stability of financial institutions. By Peter J. W...
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| Format: | eBook |
| Language: | English |
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Paris
OECD Publishing
2009
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| Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
| Summary: | The concept of fair value accounting was introduced in 1993 to make financial statements easier to compare and balance sheets more reflective of real values. This article discusses the true consequences of fair value accounting and its impact on the stability of financial institutions. By Peter J. Wallison, American Enterprise Institute |
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| Physical Description: | 8 p |