Fair value accounting – an industry view
Abstract
The author notes the proposals put forward by the Joint Working Group of Standard Setters on Financial Instruments and sets out the arguments why the banking community is against the concept of measuring financial instruments under a fair value accounting system. He suggests that the proposals should be abandoned and that the accounting standard setters join with the banking industry to produce improvements in financial reporting.
Keywords
Citation
Chisnall, P. (2001), "Fair value accounting – an industry view", Balance Sheet, Vol. 9 No. 1, pp. 27-33. https://doi.org/10.1108/09657960110695259
Publisher
:MCB UP Ltd
Copyright © 2001, Company