Fair Value Accounting

Essay specific features

 

Issue:

Business

 

Written by:

Randal P

 

Date added:

April 24, 2012

 

Level:

University

 

Grade:

B

 

No of pages / words:

28 / 7652

 

Was viewed:

3220 times

 

Rating of current essay:

 
Essay content:

valuedat market price) while the rest are registered at their historic cost. Against this is the so-called fairvalue method, in which the majority of financial instruments are recorded at their market value. In thecase of credit institutions the application of one method or the other is of fundamental importance asthe lion's share of their balance sheet consists of financial instruments...
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In thecase of credit institutions the application of one method or the other is of fundamental importance asthe lion's share of their balance sheet consists of financial instruments.In the last few years legislators at national and international level have taken steps to extend theapplication of the fair value principle to an ever greater range of assets and liabilities...
displayed 300 characters

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