Fair value accounting : key issues arising from the financial crisis
著者
書誌事項
Fair value accounting : key issues arising from the financial crisis
(Palgrave Macmillan studies in banking and financial institutions)(Palgrave pivot)
Palgrave Macmillan, 2015
- : hbk
大学図書館所蔵 全7件
  青森
  岩手
  宮城
  秋田
  山形
  福島
  茨城
  栃木
  群馬
  埼玉
  千葉
  東京
  神奈川
  新潟
  富山
  石川
  福井
  山梨
  長野
  岐阜
  静岡
  愛知
  三重
  滋賀
  京都
  大阪
  兵庫
  奈良
  和歌山
  鳥取
  島根
  岡山
  広島
  山口
  徳島
  香川
  愛媛
  高知
  福岡
  佐賀
  長崎
  熊本
  大分
  宮崎
  鹿児島
  沖縄
  韓国
  中国
  タイ
  イギリス
  ドイツ
  スイス
  フランス
  ベルギー
  オランダ
  スウェーデン
  ノルウェー
  アメリカ
注記
Includes bibliographical references (p. 109-117) and index
内容説明・目次
内容説明
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 a financial crisis. It provides an in-depth analysis of the key benefits and negatives of FVA, and discusses the controversial practice of trade-offs with historical cost accounting (HCA). It provides an overview of the principles and applications of FVA, and explains its impact on banks' financial statements. Investigating the effect of FVA on the volatility of earnings and regulatory capital in European banks, the book asks whether incremental volatility is indeed reflected in bank share prices. It examines empirical evidence to quantify the role that FVA may have played in times of stress in the banking sector, both in Europe and elsewhere.
Fair Value Accounting explores the criticism FVA has received despite its perceived merits, and summarizes the various opposing views of parties in this major policy debate, which has involved banking and accounting regulators from across the globe.
目次
1.1. Introduction 1.2. Background Information About The Financial Crisis 1.3. Features Of The Financial Crisis 1.3.1. Features Of The Financial Crisis And FVA 1.4. The Debate On The Role Of FVA In The Financial Crisis 1.4.1. Studies On FVA In The Financial Crisis 1.5. Concluding Remarks 2. Fair Value Accounting (FVA): An Overview On Key Issues 2.1. Introduction 2.2. Fair Value In Contemporary Accounting Standards 2.3. Theoretical Foundations Underlying FVA 2.4. Definition Of Fair Value 2.5. The Use Of FVA: Fair Value Hierarchy 2.5.1. Fair Value Hierarchy In US GAAP 2.5.2. Fair Value Hierarchy In IAS/IFRS 2.6. The Use Of Fair Value In IAS/IFRS 2.6.1. Fair Value Measurement For Financial Instruments 2.7. Historical Cost Accouting (HCA) 2.8. FVA Versus HCA 2.8.1. FVA Versus HCA Within A Financial Crisis 2.9. Concluding Remarks 3. The Role Of Fair Value Accounting (FVA) In The Financial Crisis 3.1. Introduction 3.2. FVA And Implications In The Financial Crisis 3.3. Fair Value In Normal Economic Conditions 3.3.1. Relevance Versus Reliability 3.4. Fair Value In Financial Crisis Conditions 3.4.1. Criticisms On Fair Value 3.5. Key Observations On Fair Value Arising From The Financial Crisis: Volatility And Pro-Cyclicality 3.5.1. Fair Value And Volatility 3.5.2. Fair Value And Pro-Cyclicality 3.6. Concluding Remarks 4. Fair Value Accounting (FVA) In Banking Sector 4.1. Introduction 4.2. The Impact Of FVA On Banks' Financial Statements 4.2.1. FVA And Increased Volatility Of Information In Financial Statement 4.3. FVA And Volatility In Earnings And Regulatory Capital 4.4. FVA And Financial Stability 4.5. Practical Implications And Perspectives For FVA 4.6. Lessons From The Financial Crisis 4.7. Concluding Remarks
「Nielsen BookData」 より